I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip. 

Sometimes a duplex that needs paint and flooring gets overlooked by other buyers, but the numbers work if you can handle basic rehab.

It helps validate the value for the basic appraisals relied upon for the BRRRR refinance but usually comes back to hurt the investor on the exit.

Some basics I like to learn are where are they from, where are they currently working/living (I'm interested in possible personal connections), what do they currently own, how much do they have ($$$) for a down payment + closing costs, are they pre-qualified, etc.

And that's just an LLC and not a legal construct.Here is what I personally do (after a landlord for over 15 years and also beeing on the board of a landlord association, where we are basically the go-to for everything bad that happens to landlords) I personally only have a few very normal LLC's that are in my State - and frankly are required for commercial lending.

Do this for your 20s then from your 30's on you can basically spend money on whatever you want since your investments/business will make more than you can realistically spend if you do it right.

Learn basic deal analysis.Understand cash flow, expenses, vacancy, maintenance, and cash-on-cash return.

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.

I found some PM contracts basically make it harder to leave than to stay, even when performance is bad.

If the lake is smaller then they might not be too popular if it is primarily a fishing lake.I would also add a general store with basics, bait, beer, food stuffs etc.