I am not super familiar with your market (although I'm sure it's similar), we have a ton of local Chicago real estate investor meetups.Getting to those things in person changed my life, and I was able to connect with mentors, experienced investors, and a lot of good people.

I plan to invest in real estate in this area.

The property in question is a mixed-use, with a ground floor commercial unit, and one residential unit upstairs. 

The right loan officer can answer all your questions above!

My question is how will my taxes play out with all of the expenses on this rehab?

Title fraud is real.

I've read Michael Blank's book: Financial Freedom with Real Estate Investing and have started to do some research on markets I want to invest in. 

If you have any specific questions feel free to send me an email I enjoy helping and talking REI.  

Particularly on larger balance CRE (Commercial Real Estate) this rate improvements can lead to a dramatic increase in activity and investability. 

If you want to look for an investor focused brokerage or team in a brokerage I'd recommend looking for meetups in the local area for real estate investors or potentially other investor focused agents in the area, you can likely find both of these with bigger pockets (depending the location).