Contract clauses are fairly simple to write.  

Actually just put an offer in yesterday.There’s a lot of resources in the area and your first deal should actually be pretty simple once you find it.

That seems almost too simple -- I am not sure that depreciation can be used in such an on-again/off-again manner, but I imagine that I still have to claim depreciation while it is in service.Thanks again, and I apologize if anything isn't clear.

My personal accounts have a POD/TOD beneficiary, so for purposes of easy transition upon my death (and to keep things simple - at least that was my goal) they effectively function the same way as a trust account would (only they're not technically trust accounts).Most of my periodic cash flow from these syndications comes back into my personal checking account via ACH. 

To be a successful realtor:1.) be seen, be useful 2.) go to work consistently 3.) go to work even if you don’t feel great4.) define work5.) take a family day or day off every week6.) do not be afraid of asking simple or seemingly stupid questions.7.) work hard until you learn how to work smart8.) put your clients needs before your fears.9.) surround your self with the most successful people you can find and/or people that make you a happier more loving person.10.) take care of your body and mind.Best of luck my friend

Here are some very very simple tips for due diligence:https://www.biggerpockets.com/member-blogs/12615/88171-due-diligence-is-the-key-what-can-you-doJust be careful of big promises and sweet talkers - they come in all shapes and sizes!!

For example, using simple numbers, let’s say our plan is to acquire the plot of land for $100K.

There are timelines to be aware of to locate, identify, and close on the replacement property in the exchange, so understanding those well in advance of any property sale you hope to exchange is major component.Now, if you're simple looking for one investors opinion here is mine (and worth the price you paid).

A simple solution would be to call some of the owners to ask if they know what is going on

I'd also start building some real skills for home improvement as far as simple repairs or replacement techniques so I had something to offer others as either A. help and offer that as my sweat equity or B. jobs, to save more investment moneyI wold start looking towards longer term plans to make money to use for investing, myself, I'd save some more so I could become a notary at 18 and build a notary business as soon as I hit 18 to funnel into my RE plans, I think in CA, it's about $500 total from start to finish to become and Notary and loan signing agent.