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, business taxation, financial planning 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.

Open a business credit card and do your renovations on that (for things that you cannot get financed with a hard money loan).

Purchase price: $140,000 Cash invested: $55,000 Sale price: $255,000 My business partner and I took on this Arlington property as a fix-and-hold investment.

To clarify, I have been studying real estate for several years, but have been otherwise engaged in operating  other businesses that my wife and I both own, both as CFO and CEO roles.

You would think they want more business but not really.

As investors (buying a home to live in or to house a business we own is DIFFERENT), 90% of sellers will NOT (at least at the present time) accept an offer that makes sense for the investor.  

So your $300k number might be what the flipper sold the final product for, less what they purchased it for.

Quote from @Jeff Skinner: I am just getting started in my real estate business. 

After that, make a business plan to execute on your goals. 

Today we basically run two businesses, one in REI and one is a brokerage team.