Must have tools:Vice grips, hammer, Phillips screwdriver, WD-40, fly swatter, box cutter, snake catcher, BB gun.

None, just another cookie cutter project.

I talk to investors on a weekly basis who are having success in LB.Belmont Heights, Los Altos, Alamitos Heights, California Heights, Bixby Knolls, and Lakewood Village are all neighborhoods were you can find the "cookie cutter" type of flips that would be suitable for a newbie. 

Think fix-and-flip properties or land development projects—things that don’t fit the cookie-cutter mold banks prefer.

It seems a stretch to pay for the Rig with Section 179.I would have development equipment onboard and dedicate a portion of the space to developmentI could put the companies logo on the side as advertisementGiven this, what tax strategies are actually practical?

Joe I wanted to comment on one of your other threads specifically about the home you bought that was 2,800 sq ft.. you need to realize when you do turn over on this house its going to cost you a boat load.. you cannot run your normal expense numbers on a home like that.. unless you get the gentlest tenant ever.. most expense numbers are created for that cookie cutter 900 to 1200 sq ft 3 and 1 or 3 and 2 rental.. you buy a home almost 3 times the size your paint carpet etc will be far higher.. so make sure you account for those.. but it looked like a great home...

Go for the independent PMs, not just a real estate agent offering property management on the side or one of those cookie-cutter franchises (PMI / RPM). 

update the seller has taken a week+ to review our loan sale agreement (which is very cookie cutter).... finally closed on this one... will keep people updated

Instead of the cookie cutter blocks you see now a days. 

I rigged that with some silicone caulk, and then put the trap together again.