Play it safe since the deduction ends up being fairly minimal.Lastly, talk to a professional. 

Look for a decent deal, maybe a value added play if you can.

@Brandon Turner's "The Book on Rental Property Investing" is absolutely great, and the audio version is fantastic - it is well-read, and he makes all the figures available online and tells you the URL (on Bigger Pockets) to view the figures.

Play with the PMT function and other formulas in excel for awhile and you will see why this makes such a difference.

Anyway, if any of you are playing in this space, reach out and let's compare some notes.

But asking us to participate in structuring the cover up, not to mention posting it online, strikes me as rather poor judgment.There are plenty of ways to grow SDIRA's/401K's/HSA's/CESA's legitimately. 

It seems to me that everyone/everything I read online is about success via leveraged investments.

I believe there is an online registry of sink hole homes, at least those with insurance claims.  

@Ryan Wilkerson put the money in the bank and keep it for operation costs..get our site up to date...host a networking event at your current flip...do not spend on mailers...let the wholesalers do that and you go find your own deals by networking with agents and searching online yourself. 

(They have online classes too.)