Additionally, strong tax planning is essential, as your W2 income limits your ability to deduct passive losses.

Prices will certainly vary between different tax firms.

If a large investment company wins an auction, SB1079 typically gives you the chance to step in and match the bid within 40+ days.Check your local treasurer and tax collector’s websites—they usually list upcoming online and in-person foreclosure auctions.Hope this helps! 

I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.

For your sake I would make sure, if you aren't NNN right now, that you at least have RE taxes protection in your lease.   

The only taxes I remit directly now are the tiny town tax they implemented of 1%.I just take my net income spreadsheet and calculate the 1% and give them a check.

Yes, property taxes are higher for investors but not terrible. 

Additionally, the property includes an outdoor swimming pool.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.

The Annual Owner Statement should break down all the expenses that the owner's tax professional then figures out how to deduct and on what tax schedule.So that way the owner can expense everything throughout the year?   

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates).