True off market deals are ones that you find yourself, direct from the seller without a wholesaler or any other middle person involved. 

Potential Equity is not skin in the game. 

True, another good option is to link forces with another wholesaler and advance it together.Good luck!

The same is true for a house—placing a tax-advantaged asset into a tax-advantaged investing account cancels the tax advantages (or many of the immediate ones).Maybe @Michael Plaks or @Kaaren Hall can explain this better or correct my understanding here?

Bottom line, if it sounds too good to be true, it probably is.

Vacation rentals are a cash flow game really.

Everything else is just mind games.

That is a dangerous game to play with students.

Is that true ?

Once you understand LLC and irrecoverable trust would give you more harder time getting financing, then you start having second opinion, this is also true for what people hearing about this and that tax advantage in real estate and stuffs.