Both of your invest strategies above I don’t consider as RE investment.  

Considering purchasing a triplex in California.

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.

So if those three units are 75% of the square footage then 75% of the closing costs and mortgage interest and taxes would be considered business expenses.

The WY LLC was named as managing member of the TX LLC .Also should I consider having only myself as the manager (and not add my spouse) - otherwise it becomes a partnership and I would have separate cost to file a partnership return? 

Secondly the kitchen could use some cosmetic upgrades as well especially considering the bathrooms look so nice. 

If you want appreciation, identify markets with expanding industries, positive growth trends, and bright economic forecasts.Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still cash flow.

I am planning to read his new BP book on wholesaling to better decide if it's really a good path for me to pursue, and then I may consider this program, too, (especially after Jennifer and Gordon's endorsements). 

Thank you for the post, it's a topic which I have been considering lately as well.

And for anyone considering them, what questions do you have about the process?