Do they leverage the purchase for taxes and depreciation?

I recommend CA residents look at Reno, Nevada because of the proximity, landlord friendly, low property taxes, and influx of high wage jobs and strong appreciation. 

There are tax filings and yearly fees associated with them. 

You may hear folks also say the phrase “no landing,” referring to the Federal Reserve being able to avoid a recession but inflation remains.

Given the flexibility of our jobs, which offers nationwide opportunities, we have the privilege of choosing our permanent address anywhere in the country while remaining compliant with IRS regulations regarding tax homes.Initially, our aim was to purchase property in the Portsmouth, Durham, or Salem areas of New Hampshire.

Tax Write OffsSo even if you aren't getting the positive cash flow, you are potentially making it up in the other ways.

Plan on living there between 1-2 yrs while making improvements, and renting out other parts of the house if possible.  2 years for tax benefits, 1 year for lender obligation before you move on to another purchase.

Roth funds can be withdrawn tax/penalty free.

Heh, heh, heh By deeding it back to the seller, the buyer causes all kinds of other unanticipated legal and tax problems.

When did buyer's agents start training on  buying "off market" without agents, subject to, wraps, seller financing, lease options, land contracts, fix & flips, rentals, taxes, asset protection, etc, etc, etc.