What are some practical actions I can take to get started?

Smart guy with the most practical advice, some great books, and he started in California.

Most LLCs are set up for liability protection or similar non-tax reasons, and especially in CA, the penalties for "non authorized" practice of law are steep that a lot of CPAs will not even form the LLC for their clients. 

Night Before the Exam dot com is a good state study test if they have it for your state.To be clear though, the majority of what you learn in the class is not used by residential real estate agents in practice.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Hey everyone,I’ve been diving into San Antonio’s STR regulations to get a clearer picture of how friendly the market is for short-term rentals.

There are no commitals until it works for you and there are no regulations or fees associated with using the app. 

I also hope to build my network of lenders, contractors, etc.My highest priority currently is learning and practicing to identify and analyze properties.

I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.

While the “debt to equity” practice may not meet MY PERSONAL definition of “fair”, in and of itself it is not illegal, unethical, or fraudulent.Truth is if the posters warning about the subject have accurately portrayed the specific situation, there is cause for concern.