I’m super new to this whole real estate investing thing but I’m immensely intrigued by it I know for a fact that this is my future.

There is immense value in this kind of local concentration for me.

The answer to that question and how much will help immensely in you finding a direction and strategy.If you have zero to little funds then I suggest you go work for a big flipper locally.Put in the time and work your way up.Get to saving most of your pay check.Then eventually talk the flipper into loaning you money on your first deal or being a partner where you get so much equity.Eventually you will put in enough time to handle on your own.Working for someone and getting paid to learn the ropes and the free education will be priceless for you.Make sure they strategies they are using are in the up and up.You don't want to learn and model yourself after someone using dirty business practices.That business model won't sustain itself long term.

I understand that you cannot discriminate based on race, color, religion, nationality, age, gender, familial status, disability, veteran status, and genetic information.As I understand this, I cannot discriminate against Caucasians any more than I can discriminate against African Americans.

If you could please give easy examples on your suggestion is set up and what tax benefit is gained (tax avoided) from doing this I'd immensely appreciate it.

This occupied my mind all day yesterday:Probably every major city has some kind of free weekly magazines, full of ads, masked as a TV program, and targeted at the African American community, often lower income range.

I’m immensely appreciative of any insight offered!

My family and I own a commercial property located in Williamsburg Brooklyn which has seen an immense upswing in development in the past 8 years.

But this is a topic i researched immensely.

I am simply doing my homework at this point to see if the return for tying up my capital for three years and the risk is worth it and thought I might reach out to the immense talent pool here on BP.