Essentially, instead of being able to write it off immediately, it lowers the purchase price for tax purposes, meaning depreciation will be calculated on a slightly lower amount over time.

Also, if it fits your budget and your business needs a write off BPCON lives up to the hype. 

Account holders can't take any write-offs personally for investments made in the 401k.

And to top it off, the letter stated 'with capital up to $300,000' and found out from the SOW we provided to them for $65,000 in rehab fees, they were only giving us $40,000. 

First off congrats for looking into this realy estate stuff at such an early age! 

It seems most off market deals I've found have been from larger acquisition groups.  

I use some mixed strategies to go on and off market, but I'm just generally curious what others are doing and finding that works for them?

My first property was paid off making me only $1000/month profit.

"Gurus' make money off chumps imo.

Look for motivated sellers off market and market via cold calling and or direct mail, geofencing, advertising and the like.A good wholesaler is as @Ericka Parrott mentioned, direct to seller, did good underwriting and can deliver an actual "Deal" whether buy and hold or flip.