If you are audited the IRS will want to see supporting docs (e.g. calendar, CC statements, etc).If you've reached the end of this thread and your NGMI on RE pro there are a few more options:1.

All the most successful wholesalers I've seen here in KC (and the ones I've bought from) all at least have a local affiliate.2) List Source is what I've always used for getting such lists.

Furthermore, I'd like to know if I can use lucrative options such as bonus depreciation and cost segregation to offset my W2 income.

Other option is giving a small portion of equity and splitting profits and ongoing costs evenly, but not sure how much equity to give or how to logistically buy their equity out later on if I want to keep the STR for life.

Erie could be a great option, especially if you guys are familiar with the market and have family there.

I have learned a lot about the process from listening to BP podcast and other sources, but I still don't know about Oregon's specific laws surrounding wholesaling. 

Or maybe the ESA letter is from a bogus online source that isn’t acceptable.

I agree it would be a phenomenal option.

Since it was a BRRRR deal that we planned to all pull cash back out from, leaving it unleveraged also wasn't an option long term.

Both options have their own challenges.