This seems like an odd strategy - purposefully invest in an asset that loses value, with the hope that it will regain value (so you at least get your initial investment back) all to save a little on taxes. 

In Vermont, LLC formation fees and annual report costs can add up.A good friend of mine, Jason, started with five doors and used a single LLC for his properties initially.

There are training sessions you can sign up for on the site, these are live with no recording of the sessions. 

Initially I started with a single family and scaled to multi family.

Areas like Aurora, Arvada, and parts of Lakewood or Westminster can be good places to look, depending on your budget and target tenant.If you’re looking for a base hit rather than a home run, focus on finding a property where the numbers work reasonably well as-is—cash flow might not be huge initially, but if you’ve got room to add value and refinance, you’ll build equity to reinvest.

The cost of the right advisor initially is a lot less in the long when you pick a bad advisor.

Actually, you were on the right track initially.

Quotes from successful former “students” providing their first name and last initial only 8.

My initial idea was to find a house in the &150k-$200k range and flip it for $300k-&350k.

Not exactly sure about the legal details, but initial overview of the system seems to suggest this kills quite a few birds with one stone.