You can start real estate investing, reading resources, familiarizing yourself with the Albany, GA market, setting short-term and long-term goals, preparing financially, building a team, conducting property searches, conducting due diligence, making an offer, managing property, and joining local groups.

Now the plan using a land trust would be to create a separate land trust for each property and the beneficiary of the land trust to be the LLC.

So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

Most college kids don't have anything saved so you are building the right away.

I’ll give you that AI can drive machines that one day can build houses to some degree.  

Trust me.

I started in financial planning at 24, started my own firm at 26, got my CFP at 27, sold my firm at 37, while building up real estate along the way.

I took on 4 buildings - 2 of which were highly distressed.

The sharks at the meetups will be obvious avoid them and build relationship with everyone else.

Your understanding of the depreciation recapture process is almost correct, but there's a minor error in your calculation.When you buy a house for $300,000, with $100,000 attributed to the land value, you have $200,000 allocated to the building or improvement value.