If possible, I always recommend using your own capital starting out to prove process and concepts before taking hard money for flips.

I studied abroud in Barcelona a couple of years ago - that place is beautiful!

Study the market.

IE I suggest folks study now to filter / buy top leads for your deal type. 

@Carrie Lane you'd have to prove the PMC directed the pest company to add the screens.Otherwise, you'd have to go after the pest company.Not sure what you would actually win to make it cost effective.

If in a tenant-friendly state, the Payment Plan may make sense - but only if tenant signs document stating specific payment dates & amounts and can update their income info to prove they can afford the payments.

Quote from @Joshua Wei: Can anyone recommend a company in or around Birmingham, Alabama that performs cost segregation studies for single-family homes?

Hey guys , I am studying strategies on creative financing and how I can raise the capital for a down payment on my first rental property.

This deal proved successful with a rapid same-day sale.

Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.