You will not find any inviting of your desire to work around from within the system because all of us, were in the system, we bite that bullet, paid our pound of flesh.   

Thanks for the mention, @Kelly O'Keefe @Jun Lopez I provide specialty tax services such as cost segregation studies, 1031 exchanges, historic tax credits, section 179D, energy tax credits, etc. rather than tax preparation services, but I'd be more than happy to connect you a CPA (or there are great ones here on BP as well).

If it is a single family, maybe you bit the bullet and cut the grass yourself.  

I am a corporate guy without the time or energy to wholesale, flip, or manage properties.  

My ideal criteria includes: 1,200 - 1,500 sqft, 3 bed, 2 bath, garage (contingent on elevation), and bullet proof.I have seen some listings for somewhat odd and overgrown parcels of land selling low where the numbers might work quite well.

We will focus most of our energy on rehabs/flips but we intend to add a rental property to our portfolio every year as well.

Chris T.While we are not flippers, we do use a similar approach by purchasing tired properties and forcing appreciation: it is just rehab-n-hold as opposed to rehab-n-sell.When we are carrying out a deep retrofit on a newly acquired property, we will put a sign in the yard advertising another "modern, heathy and energy efficient home in the making"  with an indication of when it will be available for rent.We typically have the units rented before the renovation is complete.

Anyway, if you really want to get in it can happen, just going to take time and energy.

We gutted house installed a 98% energy efficient forced air furnace multi stage.

You may have to bite the bullet and special assess to catch up on the land lease and cover association costs.