Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

@Justin Holley if the uncle won't do the deal without the relative being involved then he isn't sufficiently motivated in the first place for a subject to.

This is a relatively new concept to me and no one in my direct network has experience with these types of transactions and tools, so I'm in the dark.

It's all relative and would vary depending on the specific market.

The gain related to a primary residance portion of the duplex is sheltered via section 121 gain exclusion. 

-attend local REI events-call bandit signs that are housing related in area-network on BP

@Justin R.Your CPA is being moderately conservative, and your QI is being extremely conservative.Nothing is wrong with either approach - as long as you knowingly choose the relative safety of a conservative approach over the financial benefits of a more aggressive approach. 

Your age is your greatest asset.

FYI, the standard deduction does not prevent you from taking all the deduction related to rentals. 

With my conservative $40,000 dollar a year full time income and my mortgage payment of $1050 a month this leaves me with little buying power to buy a full time investment property.Some other relative info about my financial status is that I have a good to great credit score, I currently have $20,000 available to invest leaving me with a cushion in savings and because of my Airbnb income I am currently able to save about 80% of my full time job income yearly.