I do not care what the wholesaler says, but what are the ACTUAL numbers.

Usually a few hundred dollars takes care of it.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

@Rachelle Antoine you'll want to be careful renting out your basement unless you have an egress that meets fire code.

You are unlikely to get caught and the city governements don't really care.

i do know one female investor in beach areas of Orange County that sometimes chooses to add ADU on her flips and does well, but she is not hands off and is selective where she adds the ADUs.  

Chimene Van Gundy carefully crafted a public persona as a successful buyer and seller of mobile homes before a judge appointed a receiver to take control of her New Braunfels company and she filed for personal bankruptcy last month.But during a bankruptcy proceeding Thursday, she couldn’t recall any particular deal she did to get people to invest with her or that led to her becoming known as “the Mobile Home Millionaire.”

I'll take having a health care directive over 10 LLC's any day.  

I selected a few markets, but now I wonder what is more lucrative to purchase?

Can a Hard Money lender also take care of the upfront costs for a rental?