Also be prepared to pay closing costs when you buy.

But I wouldn't have been ready or prepared to take as much advantage of the $200 training if I hadn't done the 75k training.  

I have a strong suspicion that your arrangement with your partners has not been clearly defined and all your partnership returns and K-1s were prepared wrong for all these years.The correct approach is to let a very experienced accountant review ALL your partnership returns and then suggest to either redo all of them or somehow compensate for the old errors.

It is always difficult to start some new activity, but you have to do small steps to your goal - make savings, find a responsible real estate broker, get familiarized to all regulations and rules of successful investment strategy, so just prepare to face numerous difficulties, especially with regard to your situation.

The forums will help with gathering knowledge to speak somewhat intelligently when looking for that CPA or EA.Try to find one quick man April 15th is coming and most tax preparers are probably in crunch time.

Preparing for that long of a holding period will be a good idea for me to protect myself from over extending myself.

I'm looking to get involved in house hacking as my wife and I prepare to buy our very first property of our own in MD.  

I am prepared to move out if I can secure the loan to build, but would rather stay to oversee the work. 

Depending on your lender, they may even run a personal credit report, so be prepared.

I have a bookkeeper now working on my books in preparation for taxes coming due in a few months!