Any thoughts on best practices for converting equity in property into cashflow.

Conversion rate is extremely low when you get started BUT it will give you good practice speaking with sellers who have a ton of objections.

Any tips, tricks, or best practices you wish you knew when starting out?

I'm not saying you can't ask for it, but in a practical sense it likely doesn't matter on most small sales. 

Hello, I am trying to vet general contractors. What is the legal maximum allowed amount for a down payment (%) on rehab projects? How do I avoid a mechanics lien on a future property? How do I make sure the subs are p...

None of the above works unless you take action and put it into practice.

Quote from @Benjamin Weinhart: Hey Ben, I reference my old boss because I have never seen this practiced myself.

For all practical purposes, 100% bonus is dead, as far as I know.Depreciation, bonus or regular, starts when the property is placed in service, not when purchased and not when cost seg is done.

None of the above works unless you take action and put it into practice.

I've seen them allOn paper its fantastic, in practice not so much, but at that point it is too late...