Would be happy to chat if you have any specific questions.

Consult with a qualified tax advisor who understands these limitations and can help develop a comprehensive strategy aligned with your specific situation.Remember: The best tax planning looks beyond immediate deductions to your complete financial picture.

If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC. 

Asa result, we are seeking alternative methods for acquiring off-marketproperties.While we havedeveloped a robust system for identifying and pre-qualifying potential landparcels, one of the major hurdles we face is reaching the property owners.

I have had two amazing mentors in very specific niches, but they retired.

@Tanya Maslach "I came away with several neighborhoods in Ohio"Ohio is on my radar for MTR, specifically rural areas in Columbus/Akron/Cleveland. 

In terms of renovations it really doesn't matter much from a tax perspective.The bigger question is what are your specific investment goals?

Learn what each one of these are, and see which makes the most sense to apply to your specific financial plan. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.  

I tried looking to flip in Florida but everything is much more expensive here compared to anything else out of state and I know its riskier to flip out of state as well.Before buying I need toSee if I am buying in a good area/decent market (looking in the midwest specifically).Look at comps.See if the house is flippable or a money pit.Inspect homeTermite inspectionFoundation issues (I am only buying a house connected to the ground not with a crawl space)Structural issues.Roof issuesBad ceiling (uneven ceiling, popcorn ceiling)Window problemsElectrical issuesPlumbing issuesAC issuesMoldLeaksMight sound weird but too many crack on side walk or driveway.Actually have a contractor go through and see if it is flipable or not.

But Incase they deny it or find other excuse to stall what would be alternatives?