Buuuuttt haven’t quite mastered my two rental properties with getting them under an LLC.

.** As a new agent - (write this now) your best client is YOURSELF - represent yourself - get out there and in the market - look at 20-50 buildings (houses, commercial, businesses with real estate, lots and land) - know more about your local market (and sub-markets) than anyone else in the area - you need to know the estimated value of properties in your marketing area - (if someone gives you a street name - you should be able, off the top of your head to know the value) be the most informed of zoning changes, tax sales, foreclosures, auctions, the county's master plan, study expired listings - talk to real investors (not those turkeys who just took a GET RICH REAL ESTATE COURSE.Buyers and Sellers are liars - they will waste your time, eat a hole in your wallet, run you around, make bad offers, call you at all times of the day and evening - they will be demanding - you don't need to baby sit with people who can't make a wise decision! 

This is a big spread, I know, but houses in the neighborhood are selling in this range and mine has some of the more desirable features (waterfront, remodeled kitchen/master bath, and tile/laminate floors where most have carpet).

Learn from the masters!

This is a master class on how not to do something.At this point a commercial attorney is needed and one maybe that has litigation experience if it gets that far.You spend money in the beginning to set things up right going in.

@Lane Kawaoka nicely put - I am also a mechanical engineer with a masters in management , but by the nature of my job i have 1 as well :-)I have looked at passive investing , but for that return i have other options and am not comfortable entering in to real estate I am ok to loose some money , if i can learn - everything i did the first time - it was a flop - except love ( was lucky to find my sweet wife ) and my career ( chose the right one the first time )

We steer away from low income and master our markets once we go in.

This becomes your master lease/rental agreement for building your RE empire. 

Master leasing a property with landlord permission to Airbnb full-time even though you're never there.

These are my areas of “masters study” where I could targe the areas of real estate that I wanted to learn, even though they don’t quite equal the credential of a Masters.