I think it is a way to gain financial freedom over time and that is my goal. 

I am new here and this is my first post, my husband and I are very interested in real estate and right now have a mortgage on a duplex that we house hack. We are planning on doing some rent to own deals to build capit...

I would gain knowledge quickly and at a furious pace, seek out mature investors to guide me, and take bigger risks sooner.I waited until I was 32 to make my move in 2007 peak of the market).

To fill in the gaps and gain the confidence I need to properly evaluate a deal and then pull the trigger.

The entire amount is depreciated over 27.5 years and then I pay income tax on it as a gain.

Ideally would like to do a smaller project and learn from it and gain experience.

There are also a couple of local REIAs who have regular meetups that are great for networking and gaining local market knowledge.

I really don't think you can look at too many properties, and the more you look, the more knowledge you will gain for that marketCheck out the free  BiggerPockets Podcast-and ASKBP podcasts with interviews and a ton of great advice.

I'm not really focused on the financial gains, more so the hands on knowledge that could be gained and shared from this opportunity.Thanks

Purchasing turnkey you will be able to rent right away and buying a foreclosure you will gain instant equity once you rehab.