While tax implications are significant, they might not be seen as central during the initial formation stage.Specialized Expertise: Attorneys and GPs often have specialized expertise in real estate law and investment strategy, which they prioritize in the early stages of fund development.

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.

Also, stage the interior so it looks cozy and inviting.

The stage is set, the spotlight awaits—embrace the journey, and witness your dreams take flight.

I'm fairly new to investing, finished my first project last November in Edmonton Alberta, Canada and currently in the refi stage. 

At this stage, I hope to have enough experience, and the network to be able to accurately estimate total expenses, allowing me to move towards bigger projects with bigger potential gains.Any advice on ways I can move forward with my goals?

I know I am overthinking this too much for the current stage as an investor, but I'm trying to work backwards from my end goal of owning 100 units.

Some small repairs made and mostly staging What was the outcome?

Feel free to reach out if you have more questions.Thank you for your advice.My thinking aligns with yours in that, at this stage, I lack the credibility and necessary funds.So, in the meantime, wholesaling seems like the right move for generating cash flow, familiarizing myself with the lingo, and expanding my network to build a list of buyers and potential partners.I've registered for a multifamily event next week and applied for membership in the young professional real estate group in my area.I do have one question, though, considering I'm at the beginning of my journey: What skills do you think I should develop to be useful? 

Far too many get stuck in the "paralysis by analysis" stage, thinking they just don't know enough to get started.