If you have been a realtor or investor/retiree and have proven track of transactions I think partial deduction of a trip or seminar in order to secure a specific property is easier. 

Personally, I wouldn’t invest with someone who only has 10k to put in a MF deal and, no proven track record or net worth.

Some states dont recognize series LLCs so I would look I to that as well.

However, if they are a legitimate company with a proven track record, have been around for a while AND you really want to get into wholesaling on your own, this could be a tremendous opportunity to learn everything about wholesaling and get paid to do it.  

@Bill BrandtI would not recognize loan pay down as income until the property is sold and you sell for more than the loan.

@Terence Eng I didn't recognize you from the photo, but yea I remember you and @Rose Zhang!

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@Sam MitchellSeries LLCs are not recognized in CA. 

It is critical to become an expert in a niche segment, so you will recognize an exceptional deal.

Hey @Mario Leon If you plan to pay cash for a property and then put bank money in place you can take advantage of the delayed finance exemption...it's basically a courtesy to recognize your opportunistic approach to buying a property with cash...and then getting the loan.