Tools are generally deductible, but sometimes capitalized.You should start working with a CPA.

for me personally  it was getting my RE license then going to all the sales meetings and networking with the top selling agents.. 

Expand your network and let people know what you are looking for.David - if it is a true 10 cap please send it my way!!! 

Your best move might be focusing on things like:  education, networking,  and helping an experienced investor/mentor. 

Do not use Network. 

No better way to get started than by networking with people who have done what you want to do!

I am very interested in networking with realtors who have experience working with investors and wholesalers. 

I would talk to your CPA about if you would qualify.Keep in mind though that the tax reform bill Congress is currently considering changes the timing requirements to 5 out of the past 8 years rather than 2 out of the past 5 years, so if that bill becomes law you may not qualify for the exclusion anyways.

Check out the nearby members and network at https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.  

My goal is to get my first property no later than end of Q1 2018.For my immediate next steps I am 1) starting to write out clear goals on what I want to achieve and break it down into smaller steps.  2) I will be joining the Richmond REIA starting in January (December meeting is Christmas party and I'll be away). 3) Continued meetings with people in my current network that are involved in Real Estate Investing - Found out about a few by chance and have reached out.