My interest began after reading Rich Dad Poor Dad and being part of the financial independent community.

I will do that.I dont plan on amending every time assessment.Im just concerned because the first value that i used initially is way off.But i guess, amending it will just trigger audits, etc.Thanks Bill!

But most people want a get rich quick scheme to make 100k per year by doing nothing and be "financially independent" in 2 or 3 years.

Then I found a new partner; another fellow architecture student at Alfred, one with experience and steady income as a property manager in Buffalo, a plan to start working full time after graduation, and who shares my goal of reaching financial independence by age 35. 

Because your activity right up until renting will act a lot like a developer there will be a natural skepticism on the part of the IRS if ultimately audited. 

Even if allowed in your state for a rebate an associate broker/agent signs an IC (independent contractor agreement).

My wife and I have been looking at and analyzing properties over the last several months, we are looking to acquire our first 2 unit rental property with the goal of producing enough passive income over the next several years to enable to us to become financially independent from our daily jobs. 

Make sure you can independently verify the phone number of the business is legitimate.As far as funds, I would require cashiers check or money order.

They are levels at which I could pull back from RE and maintain a certain level of financial independence.

That's both for your own info (in case you forget details) and in case you ever need to show documentation (like for an audit).