I'd like to know because if they select them as they are entered into their database, right after filing, then there is another good reason to always extend and file on the last day.

@Sundone Boutvyseth-the lowest Down for a SFR  rental  property is  15% ...if you are able to  locate an  option with 10%  down - this is likely  going to be pricey  but if you need to minize the down - it  might be  worth  using 

@Armani Pimentel Yes, I believe that wholesaling is generally not the way to go, because it is getting banned, there are people who try to take advantage of aspiring entrepreneurs like you, and it is extremely low probability. 

There are risky, but high return options like QQQ which grew 27% over the last year or on the other side / safe end, there are super secure short term US government bonds like SGOV which pays out about 4.5% in dividends. 

Hospitable (formerly Smartbnb) – Automates guest messaging, reviews, and integrates with multiple platforms like Airbnb and VRBO. 2.

It seems all kinds of people don't like Airbnb and don't like renters.

So your son is wholesaling the property then, it sounds like, and sellers are willing to sell subject to the existing mortgage to the end buyer?  

I’m not trying to second guess you, just trying not to make you feel like a peasant while I do important stuff. 

Quote from @Kwanza Price: Thanks Chelsea for your reply.I mostly wanted to understand what the experience was like and if you have any advice for setting up an LLC/IRA?

Here is the million dollar question @Teslim Salami, what does a good deal look like to you?