Additionally, forming a new LLC may require obtaining a new EIN and business bank account.This post does not create a CPA-Client relationship.

Thanks for posting. 

I believe depreciation on that unit that you were living in starts at that point as well.just bringing this up because it was mentioned in another post where someone was house hacking.

To add to what has already been posted, wholesaling is hyper-competitive.

Just did a forum search for Buy Box criteria as I am in the process of trying to put together a worksheet I can use for future REI deals and came across this post.

[Topic of a future post]Why?

*This post does not create an attorney-client or CPA-client relationship. 

The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.

I agree with @John UnderwoodI remember you posted about arbitrage last week. 

Hopefully your post gets some local eyes on it and you get the numbers you seek.