I discovered Bigger pockets on YouTube (the videos provide a wealth of information) and currently I'm reading "Managing Rental Properties" and plan on expanding to other books once I finish this one.  

There's a couple of months gap, but it'll all matter as I'm close to the 3 year clock here for the 2 out of 5 yr rule3) Any recommendations on tax resources that I can review to better understand how to think about the different tax components at play hereThanks in advance!

Of course, the cap rate can be the "emotional component" in the CRE value formula as well, so be careful with that, too. 

In early 2013, Lam’s body was discovered in a water tower on the hotel’s roof.

He breaks down all of the major rehab components and their cost estimates.

He knocked on the door of one home (keep in mind, she is an owner) and discovered the following:Front exterior door was broken, leaning against the opening with a blanket hanging over the opening to close it in.When he peeked around the blanket, he saw the room to the right filed to the ceiling with full bags of garbage.He noted a possum in the home with garbage hanging out it's mouthHe noted a trail off to the left between the bags leading to the back room, trail was about 15" wideHe followed her car into the park and knew she was home but she would not come to the door.She leaves for work every morning and is home by 5She drives a new (2021) carShe is the owner if this home, not me. 

Find projects that have a relatively higher labor component vs. cost of materials and DIY as much as possible (after consulting local code/regs). 

Screening is the biggest component so spend a lot of time looking them over.

Hello all, I recently discovered real estate investing and so all of this is very novel to me.

Components of the systems should be like for example, interiors like: Floors, walls, ceilings, doors, etc.