Sometimes getting involved for a few years makes you realize you don't like it.

.- Tenant Accountability: Many programs have strict guidelines for tenants, and breaking those rules (e.g., property damage) could jeopardize their assistance, encouraging them to be responsible.- Inspections: Some programs require annual property inspections to ensure compliance with their standards, which can occasionally be demanding.- Damage Risk: As with any tenant, there’s potential for property damage.

The other quesiton i have is if private equity is starting to get involved in this market, companies like Apollo & Carlyle, does that change your feelings about getting involved in the space?

But ask your CPA/accountant because I don’t know. 

Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.

If you're buying it shortly and THEN after you own it will it be ready and available for rent-the costs will be capitalized and accounted for with the basis of the property as well (when you eventually buy it). 

I'm more involved with Instagram these days :PI'm currently stuck at the "pick your market" phase. 

Shouldn't be any extra taxes involved.

Are monthly updates preferred as long as there is bulletproof accounting? 

I'm looking to create relationships with wholesalers, real estate brokers, contractors, real estate attorneys and accountants!