Make sure to reach out to one with real estate experience. 

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

Happy to connect and share my experience investing there.

I would be ecstatic to shadow someone on a deal, or even better, partner, so I can experience first hand how it’s done and learn everything I can, even if I don’t make any money.

While you may receive numerous inquiries from individuals casually browsing listings, focus your time and energy on serious prospects.

At least that was my experience..... 

Just wondering if anyone out there is filing with someone who has more experience / precedent in this situation.

Whether it's hidden gems or established areas, I'm open to exploring various options.Here's where your expertise comes in:- Promising Markets: Based on your experience, which areas offer compelling opportunities for cash flow and appreciation within the $150k range?

I met the individual by complete chance.

Required down payment is typically 20-25% depending on FICO, property type and level of experience.