That is a good question and I can't answer it for you, but I would refer you to the Bigger Pockets Ultimate Beginners Guide since it covers that topic (and many more) in some detail.Personally, I usually recommend that people attend a local REIA meeting (either of the above would work) and instead of trying to "find a mentor", just network and make friends with people who are one or two steps ahead (so if you own no properties find a few people who own one or two, same thing with # of wholesale deals).Good luck and keep us updated on your progress of course!

Love to see the progress! 

The TCJA preserved the GDS recovery period of 39 years for commercial real property and 27.5 years for residential real property.There were 'versions' of the bill in which this was changed but the version that was passed did not have those provisions.

Keep us updated on your progress!

Hi @Carly BaumI cannot speak on the Colorado Springs or Reno/Sparks so anything I say cannot really be juxtaposed against those two areas and as a Realtor here, I can say that Phoenix has endured a very strong recovery from the housing crash.

I'm looking forward to learning from all the experienced investors on bigger pockets and sharing my progress in the real estate investing world.

We’ve got one flip in progress that we funded with some of our own money and the rest from private capital.

As this is rare situation, there is not much guidance and I had to directly interpret the IRC code.Based on my understanding, I dont think your recovery period resumes. 

And because I want to progress with my goals I will keep sharing.

Florida is probably third in my opinion, but not until 2014 because of judicial foreclosure stalling the recovery.