What size properties are you looking at?

If you can qualify for the short term rental loophole or real estate professional, you can use depreciation via cost segregation to wipe out a large portion of your tax bill.

Its typically about a $20k job in a typical size row house.

He replied, "I don't know how you keep finding sellers willing to do that".Here is the secret sauce, know and understand the seller's motivation, ask questions, and don't be afraid to ask for the terms you want.It is more common in medium-sized multifamily where it is a business but not large enough to be professionally managed.

This first year of research I’ll be working on my personal finances and credit score to be ready to purchase something after that portion or preparation.Ryan 

You might want to expand your scope to search for SFH+ADU, and live in the ADU portion.

Now I look at properties like a chess game, which one offers me the most opportunity long term (adding value via renovation, build additional units if the lot size allows, renting garages as storage units etc). 

This allowed the owner to get the cash he wanted and for me to only put a small portion of it down.

The problem is of course that we have always reinvested a large portion of our cash flow into systematically improving our assets, so I show a substantial % for repairs and maintenance on our P&L.

Hello BP Community,Sort of an odd question here, I am trying to build my top referral network, and currently have a nice sized list.