My thoughts on this platform are that it's another money grab.

I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

Yes, operations is a big part of that, especially for anyone that wants to be a business for the long-term.If I were you, I would be talking to office brokers about partnering more than an online forum.   

Might be a diamond on the rough if you can fix it up and then long-term rent.

I know that interest on the acquisition loan can be included in the cost basis since it’s inventory.

Hey man, congrats on the first deal! 

I agree that I am bullish on this taking the PHX market to the next level.

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value. 

(The Black Friday sale on the Bigger Pockets bookstore was where I did my own Christmas shopping so my family knew what to ‘buy’ for me!).

, I appreciate your feedback on that.