Just keep in mind, the costs of setting up and maintaining an LLC and the bank account that goes with it, not exorbitant but important to consider.I'm not a CPA or an attorney, but I would suggest taking the time to diligently put together a trusted team to facilitate your long and successful investment journey!

I.e. a group that was getting 30+% returns out of a 2017 acquisition with a sale in 2019, should be looked at loosely against other sponsors with deals of similar acquisition date, as general market timing is really going to be 90% of the overall return, with the operations only accounting for a small part of the overall return.  

They don't build a proper reserve, failing to account for turnover costs, vacancies, capex, etc.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

For residential mortgage, an LLC needs two years of its own tax returns or occasionally, a local credit union where you have an account will ok it.The bigger question is about your partnership.

I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank youI am not sure why your accountant would mention you can only deduct a percentage.

However, I know that I do not want all my income to be reliant on my day job and live to watch my retirement account grow.I am probably doing better than a lot of people my age but am eager to take the correct steps to build a real estate portfolio.

Account ClosedI must say your post is confusingyou are entering in the DFW market but you want to find wholesalers in Indy?

Don't hire people to run your account to reach more people, just show up for 30 minutes a day and make good comments and good connections without asking for anything.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.