Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Definitely need to do your due diligence on any turnkey operator. 

I was told by my tax person that I can only deduct a percentage and not the total cost of the remodel.Thank you

If we are checking property tax records, should we not buy a home where different LLCs (investors) have owned it and sold it every 2 to 3 years?

You also pay taxes on your profits.

Actually I do have  the comparables since every year I have fought with the county to lower my property taxes :)!

Due Diligence: Investigate the MSO’s financial health and west coast strategy to better understand your risk exposure.For deeper insights into structuring deals and assessing investment risks, I’d like to invite you to our Zero to IPO webinar.

Due to my personal assets, i really need to have the Loan under a newly created LLC for liability protection. 

Do your own due diligence and research however. 

You should know how you can contest your assessed value, especially if you are buying the property for below current assessment.You should understand if there are any tax abatements available today or in the future.There are real estate tax consultants in basically all major markets, or your real estate agent can likely help with some basic questions, as well.