I don' t want to wait 2 years to get started.

Properties with leverage have better net tax savings because paper depreciation losses typically wipe out any taxable income.What a bunch of horse sh*t. 

I’m in Los Angeles,California and I’d like to know is it possible to help this lady out as well as obtain possession of this property any articles,YouTube, or advice in the right direction would be greatly appreciate at this point been researching endlessly.

Put the property into an llc righty after obtaining the mortgage and closing escrow.

Rehab Construction:R-19 or higher wall insulation (except for in the Deep South)Insulated sheathing or right foam boardIf the walls aren’t T-19, HVAC should be SEER 14 (at least) and 95% AFUENew Construction:R-19 or higher wall insulation.High quality windows such as Energy Star, U-values (in the North), and Solar Heat Gain Coefficients (in the South)Who can claim the tax credit?

I know I have been hearing that selling should always be the last resort but the 200k could be used to obtain multiple rental properties.

You could obtain any of the above loans for use with an OO MFR purchase.

This allows you to obtain "purchase pricing" vs CO Refi pricing (which always takes a hit typically).

If I buy a house for FHA 3.5% of 300k or 400k of 4 or 3 units and I live in one unit and rent the rest, I can get a cash out refinance to obtain that money and invest it in other properties of 100k giving 20% down payment And renting that property, is it possible?...

Just don't pay for something you can obtain for free!