Now, I'm at a point in my life where my W-2 job is making me a stable income (tax accountant) and I'm very interested in investing in real estate.My first course of action (other than studying for my CPA exam and subsequently obtain a higher wage from my W-2) is to look at a fourplex in the Bellevue, kirkland, Redmond area.

For example, the more and more I research, read, go through case studies the more I realize that the land world is a complete monstrosity.  

Study the value of other homes with similar stats to help determine what the ARV could be.

I might start by selecting a few possible locations that meet their target size requirement and then start doing feasibility studies, but those are going to cost money.  

My wife and daughter are going to school to study for their RE license, Should I get mine too?

Be sure to study up on how to appropriately use the funds in your LLC and for the sake of following the rules, try to determine what constitutes 'providing goods and services' to your IRA.

Make sure you do your due diligence and study what expenses on RE really are before you pull the trigger. 

Jason, if you're new to real estate I suggest that you really study the concepts of using debt as a tool and of tenants paying your mortgage.

i am studying for the RE license now. but not to work and make a living doing it. i want to list my rentals and get paid doing it. however, having a full time job, it will be hard/impossible to answer questions during the day. 

After all she had no idea how many hours I have spent studying planning saving ect to get myself in a position and mind set to even be ready to start investing.It will take time and patience to win them over.Good Luck