Probably best to determine what your particular investment niche is and then find people who are interested in the same.

Don't be nervous to call and ask questions, most people are happy to provide clarity so the process can go smoothly. 

If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.

First dont take everything people say as gospel, There is a good chance what your consultant told you is not 100% true.  

Some people purchase a property for cost segregation/accelerated depreciation purposes to save on their taxes.

Welcome to BP Sean,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

He works for probably 15 big investors/companies and probably at least60 other people, does snow plowing and lawn care and makes time to have most of Sunday off with his son.

This includes all people staying and any applicable daytime visitors. 

@Jason Park hit the nail on the head in terms of "it depends on your goals".

It is how people lose all of their money by over-leveraging without assets.