There is a rural property in the Kansas City area that I have an interest in wanting to buy, and I’d like to pick you all’s creative minds to help find a way obtain it with the lowest risk possible.

Doing everything in an LLC at first (normal LLC, not LLC taxed as an S-Corp) will keep things simple when you start, but make sure you get advice from someone who knows your exact situation.I would recommend having a conversation with your Real Estate savvy CPA BEFORE you do anything.

I quickly realized picking individual stocks wasn’t my thing.

Also, he can actually call IRS and get his copy of 1098 directly (Wage and Income transcript) from IRS if absolutely needed, It is a very simple process. 

I admire the fact that you work with under privileged kids..and the fact that you are not afraid to pick up a paint brush.

Pick what resonates best with your long-term strategy, or pick a few since you're only 20 and have plenty of time on your side and master as many as possible. 

The PM is going to make the simple calculation of monthly total gross rent x 5%, which will include the CAM.

Pick a solid B-Class suburban area.

I have seen countless C/D properties sell for a loss simple because the owner just wants to get out.Then lastly, for condos, most people miss the fact that you need to analyze the HOA.

I DID make some good contacts through the vendor booths and have been able to turn that into some positives however the hopes of picking up useful nuggets were few and far between.