HOWEVER - it may be difficult for the appraiser to access the true value if a large percentage of transactions are not in the MLS.  

✅= You're probably fineWhat Gets You in Trouble:Can't explain structureHidden arrangementsToo good to be true tax benefitsPartner disputesBottom Line:IRS cares about substance over form.

The true censorship now is basically anything that makes the company looks bad, and that's not for the best of the forums.

Leverage - someone mentioned Real Estate doesn't beat stock market returns and while that might be true in absolute terms, it's definitely beat the market when you consider leverage.

I've also developed a spreadsheet for a TRUE rental income calculator—which goes beyond just calculating net income—by incorporating many of the parameters you mentioned.Do you think it’s a good idea to buy a new construction house from builders for the first deal, especially considering aspects like tax offsets and depreciation?

I don't know if theirs is too good to be true and actually I think the fact that they have the VA system set up to work on leads for you is a huge plus.

Imagine investing in all new, beautiful finishes, only to discover that the drain pipes are faulty and need to be replaced—an issue that could have been identified and addressed beforehand." very true, sometimes it's like rolling a dice. 

2  - I often read about some wholesalers lack of knowledge and I must agree that sometimes, it is very true.

However, not one general location is going to help you determine whether it's a good market for multi family or single family etc.The one true way to start looking into a market is talking to an agent who knows the area.

If that is true I think you're on the right track.