https://www.wyomingagents.com/I used this website for mine, pretty easy to use, not super expensive.

If I build a basement apartment, can I write off a portion of the expenses it took to build the house when I go to do my taxes for 2024?

have you validated the expenses? 

The service was off for a year(which I didn’t know) and the unit required an inspector.

For landlords, lease options can attract tenants who are committed to the property and may take better care of it.Commercial Property Considerations: When considering a lease option for a commercial property in Texas, ensure that:The terms of both the lease and the option agreement are clearly defined and legally binding.Both parties understand their rights and obligations, including maintenance responsibilities, payment terms, and conditions for exercising the option.Consult with a real estate attorney to draft or review the lease option agreement to protect your interests.Here are some things that may help you form a pros and cons list going forward:Advantages:Potential for higher rental income due to the option premium paid by the tenant.Attracts long-term tenants who may eventually purchase the property.Allows flexibility for both parties in uncertain market conditions.Considerations:Ensure the option fee and terms are fair and reflect the property's market value.Understand the financial implications and tax considerations associated with lease options.Be clear about the tenant's ability to exercise the option, including financing requirements if they decide to purchase.Lease options can be a viable strategy for commercial properties in Texas, offering flexibility and potential benefits for both landlords and tenants.

I'm also new to wholesaling and live in a expensive city.

The kitchen is supposed to serve as an area to prepare food, but in making it part of the rest of the house it becomes necessary to make it aesthetically pleasing, which not only makes it expensive but also tends to impair its function.

Credit requirements may be the same but the. income requirement is different.If you invest in single-family homes for rentals, once you have built up your portfolio and have your positive cash-flowing assets maybe a % of the portfolio can be set aside for below-market rents.My opinion- You have to make $ first so that you are in the position to give back.

If it is less then you follow STR laws and licensing requirements. 

Fair housing laws require that certain forms of income MUST BE considered.