Qualify as 162 trade or business.

@Christoph Berendes from here out you are never ever to apply for a loan on an investment property at a large, national, publicly traded bank ever again.

Joining any groups online or buying memberships as a trade member in a local organization can be helpful as well.

Your agent doesn't necessarily have to be an expert on investing either, the most important skill for them is to know how to find the houses.  

Can I have the same California LLC if I would like to acquire multiple properties in a different state and also uses in stock trading business ??

Would be looking at probably just 1 bed 1 bath condos on the beach for no more than 220K.I'm a newbie to real estate and finance, I'm a a Registered Nurse by trade, so I appreciate yall's advice on where to start, how to go about financing this deal and if it would be the right decision for what we're wanting.

After analyzing many many deals, I realized that the 3 bed 2 bath combo in our area was the best purchase price/rental income combo.I put my attorney research skills to work by doing some digging online and in the public records and found out that the owners of the property were the children of a couple that recently passed away. 

I am a carpenter by trade and enjoyed living essentially free in one of the units of the building I own.

Something unkown is lurking in your skill set to use that term.

I first got into residential REI last year. before this I have traded some land.