Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)

If you're still looking for a CPA/Tax Strategist in California feel free connect.

Whichever loan that you decide to use, the interest will be tax deductible due to interest tracing rules.

Ultimately I didn't learn too much I didn't already know after taking a few courses and reading a hand-full of books, and with most of people I've met and tried to talk with, it's been a pretty common experience that conversations go a lot like that. 

At least, if you don't want issues down the road tax wise and if the government finds out it could cause some serious legal issues.

Will the title company put this property under our LLC name, and won’t be required to legally inform HUD/tax authorities. - will it influence property taxes once we move to conventional loan in 3 yrs? 

Plus with no state income tax, cheap insurance, and very low property taxes, I’m probably starting $20k ahead of most people, and that’s a tax free $20k.).

A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too

After further review, I am not getting one on one coaching from the Real Estate Guru, it will be done by one of their staff members once or twice a week by phone maybe. 

BP also sends an email after the webinar for you to watch a replay if you couldn't watch live, and the code is included there too.