Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

I think at this point, i dont think sheriff sales is a viable part of my strategy. 

The out of the box strategies and set ups sold will never replace customized AP/Tax strategies based on individualized circumstances. 

* What is the best strategy for first-time investors: Own or Arbitrage?

In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!

Are there any key resources, platforms, or strategies you’d recommend for a beginner? 

SubTo (Subject-To) can be an excellent strategy when done right. 

Upon my research of the FHA loan and the house hacking strategy, I know one of the perquisites for getting approved and not committing fraud is to live in the residence for at least a year.

The situation is a little lengthy, but hear me out..I am purchasing my childhood home from my mother (my deceased father's rental prop) seller finance. Because she is my mom, I can have her deed the house to me so I c...

There are so many strategies you can deploy depending on your goals going forward.