We're seeing historically insulated submarkets to new construction get effected because of how much there has been as a percentage of existing stock.

Not to mention there is others out there with GIANT budgets, massive systems, proprietary software to effect big efficiencies, and they can't operate at that insanely low level, there is a reason for that. 

A lot of people come on the forums and ask "Should I become an agent so I can more effectively invest?" 

What’s been most effective for you, and are there any unique or creative approaches you’ve tried that have worked?

Your write offs are also not effected, so you can write off miles also as an individual owner.

I will need to remove the carpet and replace it with something durable and cost effective. 

We’re upfront with sellers, letting them know we have no intention of buying the house ourselves but instead plan to wholesale it.This approach of honesty is so remarkably effective that we often don’t mention wholesaling until we've made the decision to wholesale rather than buy the property and flip it.What many wholesalers don’t realize is that by embracing honesty and transparency, success becomes exponentially easier and faster than by resorting to deception.With transparency, there’s no need to hide or pretend.

While I don't know the nuances of what my tax guy does with my records each year, effectively everything goes into your "inventory cost" or "COGS".  

But I know that the leaders are working on plans to fix it and they are very skilled and effective.

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate.. in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.Myself I always pay cash for the dirt this makes finding a lending partner much easier.