Surround yourself with a trustworthy team, and those 'lessons' will start to fade away as your team brings the experience to each deal. 

Team,I’m entering into a new realm with investing and looking to offset other sources of income with cost segregation combined with accelerated depreciation from real estate professional filing status.

I would pay attention to who you have on your team.

Knowing the market well, having an experienced team, and making educated assumptions backed by data are things you can do to mitigate risks in real estate. 

Wanted to bounce this off you all to hopefully make some great strides in that space and maybe even be an asset to your team in the future. 

Wanted to bounce this off you all to hopefully make some great strides in that space and maybe even be an asset to your team in the future.

@John Thedford I forgot to mention this, but if you are looking for help evaluating the risk around the tenant, our in-house credit team is offering due diligence services to those investing into the single-tenant space. 

If you want to be the best financial advisor, husband, and father, you may want to consider offloading the heavy lifting to a full time syndication team  then keep rolling over profits into more deals over a few decades.   

Hey Team,Do any of you have suggestions for building wealth to afford down payments for conventional loans?

Big BRRRRs get delayed a lot and you can get burned without the right team or knowledge of the local market.