Need some advise. 

Hi bigger pockets community I'm new here and excited to dive into real estate investing, particularly interested house flipping, rental properties, learning to talk with investors and learn from your experience doing so. any advise or resources for a newbie is greatly appreciated !

I help busy professionals in Hampton Roads turn vacation homes into hands-free, income-generating rentals.

I was advised by my lawyer to create an LLC and have a separate business checking account. 

Term SheetInvestor Contribution $281,494
Use of Funds Escrowed and disbursed directly to lienholders to ensure title clearance
Property Valuation Floor 700,000.00
Investor Equity Share 40% of net appreciation above...

Only respond to questions where you have some knowledge (No AI-generated answers) and don't ask for business, just provide useful information. 

Readers are advised to seek professional advice.  

- Do they meet with you proactively during the year—or just file your return at the endYou’re right—the short-term rental strategy (like Airbnb) can generate passive losses to offset W2 income.

"Group" with #1 above for REP.3) Convert pre-tax IRA to Roth IRA (or take 401K distributions) that generates ordinary income, but that can be reduced by "non-passive" real estate loss created by #1 above.

Any one with good Advise how can I move forward.