Be patient and consistent.  

So, as a learning process and in order to practice my deal analysis skill I'm scouting mls to see if I could find a deal on my own.

Chris Mason, the primary adviser for a client's decision to put all their assets into an LLC is their attorney, not their CPA, and if my client, based on recommendations from his or her attorney, decides to structure his or her business in a certain way, I'm going to prepare their tax returns consistently with the tax code and in such a way that reflects the legal reality of their situation, not what a lender or any other service provider wants me to do.That being said, I think it would be wise for attorneys to understand the tax as well as lending ramifications of structuring a client's business in a certain way and should definitely connect with their client's CPA and lender before making recommendations.

You can also consistently "house-hack" by buying a duplex, triplex, or fourplex, live in it for a year.

My point is all you need is a little motivation, consistency and a computer. 

The idea is that you find the business adequately and consistently treat it as a separate entity, and so long as that's true, it provides you limited personal liability.When it comes time to file your taxes, the IRS says "I don't care about any of that legality mumbo jumbo.  

The seller was practically giving away the house away.

I am familiar with the broad concepts, so if our partnership consists of you telling me to 'ook up the tax records.  

But one thing that is consistent is that real estate tends to do very well when unemployment peaks, on its way declining.

Be patient and be consistent.