Find a good real estate agent that is also an investor specialist and they can help you navigate what will get you your best ROI for your situation.  

Contact the real estate division for confirmation: https://idfpr.illinois.gov/dre.html 

Local real estate broker How did you finance this deal?

.: Its typical for real estate investors to hire a private home/building inspectors to inspect a real estate property before they buy it.

Even better if you can work for a property manager or real estate compnay. 

I can see an explicit exception in CA Tax Code § 17561 that says you can not use the qualifications in Section 469(c)(7) (Real estate professional) to render that income as non-passive, but I see no callout for 1.469-1T and, as such - as a non-CPA - I do not (yet) see a reason why we cannot follow the same rules for CA that we do for our federal taxes; e.g., if the business is not a "rental" business per tax code, we count that income as non-passive and offset other income (W2, etc) similarly.Does anybody else have some guidance (or opinions) on this matter?

One place is networking at a Real Estate Investors meeting.

Over the past two months, and really two years, I have been watching and waiting to see when rising inventory and higher rates will finally affect the Valdosta real estate market.

I've been investing in real estate for 30 years. 

In other words held for steady cash flow.My VARIABLE (note) PORTFOLIO consists of more active/speculative notes - non performing notes I purchased at discount to principal owed; notes I hope to “work” for enhanced ROI, real property I “purchased” with a leaseback option to repurchase, and defaulted notes I purchased planning on eventually taking ownership of the real estate, as well as notes I created that don’t have current payments but provide a guaranteed return plus an equity “kicker” when the property is sold.