It may be beneficial to link up with an established wholesaler and pay them to mentor you or work for them and learn.

But being our first investment we are just unsure which is most beneficial to get a loan. 

What was the outcome?

My husband rolled with those ideas and made them happen.What was the outcome?

House gets foreclosed on when a borrower is not paying its debt obligations - typically its mortgage.buying foreclosures is not for the faint of heart as you have no idea of the interior of these properties lastly while it can be beneficial also realize if there are a lot in an area those homes are the new comps when trying to sell so it lowers home values in an area 

Realtor Opinion of value What was the outcome?

If you own 25% or more of any LLC you are required to register with a FINCEN ID for beneficial ownership by January 1st or you could be subject to $500 per day fines.Have you taken care of business?

I would be beneficial to determine if they are other aspects of the property that make it a worthwhile investment (tax, appreciation etc). 

They made it sound like it was something easy to comply with, but if anyone who is a beneficial owner has their ID expire or they move, you have 30 days to re-submit the paperwork.  

Although the study may increase the gain, the gain may be taxed at a much lower rate making it a beneficial investment.If a property is purchased with the intention to flip or own for a short period of time (less than 3 years), a cost segregation study may not be significant.Overall, as long as you intend to hold the investment property for greater than a year, the benefits of a cost segregation study should be considered.