I wrote a blog post that attempts to illustrate this, but I don't think I'm allowed to put internal links to it in discussion comments like this on BP. 

That basis is allocated between non-depreciable land, depreciable building and components that are depreciated faster.

You are not doing a big Rehab where you replace major components.  

@Rupert GrantGenerally if you're eligible for a Solo 401k, it makes sense compared to a self-directed IRA for many reasons: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.You can borrow up to $50k from the plan; IRAs do not allow participant loansThere is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)The one exception I can think of is if your primary goal is to self-directed Roth IRA funds.

@Trevor Finton the one thing I did not add  in relation to the Series LLC is to really know your states LLC Internal Liability Shields and judgment orders, and then how those relate to the individual child series of the Series LLC.

Lot of non profits dump interns into DC that need housing, minority access, the washington center, many others. 

Doing it poorly will make you not want to get up in the morning, and most landlords do it very poorly.Rather than trying to source and then assemble all the key components of a comprehensive and bulletproof property management system (e.g., lease management, repair management, payment processing, lease renewal management, etc.), find someone who already does that and then let them do their job.That way, you can focus on your job: finding great deals!

Intern with a wholesaler.

If so, you will need a bank will offers portfolio loans that they hold internally, not all banks do that. 

I I am doing virtual whole selling in USA from India but when I talk to any title company about how to receive payment from USA to India through title company they said that you can take through wire transfer internationally but some title company is saying that you can't take wire transfer it's illegal please suggest me something that have can I receive money from USA to India from title company.