For example, if you spend $3,000 for a new stove and refrigerator for a rental unit, you may deduct the entire amount that year with Section 179.Assuming I can meet the IRC 162 threshold, is this as straight forward as it appears for owner's of residential real estate rentals?

I joined the real estate club at school and plan to set up a meeting with the head of the real estate department in hopes to establish connections that way.

Ask someone at a local investor meeting, everyone suggests.The problem I see with this (and I may well be missing something) is that if said real estate agent works with a ton of other investors, many of whom are more seasoned than I am, then when a good deal comes available and he or she hears about it, who are they going to get in touch with about it? 

I dont know of any specific local meet ups for OOS investing but there are a lot of different REI meet ups in the city.

@Carter Crowley where can i find easy meetings within the RE world ?

You just have to meet the criteria and adhere to the 1031 exchange rules (45 days to identify - 180 to close).Good luck

Please if anyone from this area like to meet that will be awesome 😎.

Luck is hard work meeting opportunity. 

Hi @Amado Torres I learned from local investors by using the Meet-up website and going to real estate events.  

I've meet newbie investors who were just happy to break even saying the next one they will do better.