Would love to hear more about the types of properties you are intersted in.

I'm still learning about this type of lending but the appeal to me is that they don't consider personal income or tax returns, it does not need personal debt-to-income ratio qualifications, it's collateral based borrowing..

I know I need to set up a trust and an LLC as my business shelter, but right now it doesn't make sense to spend that kind of cash before I have actually anything to protect.For wholesaling an LLC is not as important becuase your trip and fall type liability is low.

What made you interested in investing in this type of deal?

Will it be appealing to many different types of buyers. 

I personally would not jump the gun until a year (or so) from now.   

Also want to make sure you can operate your intended types of rental there.

Typically, it's applicable to certain types of property, and the rules can change.Regarding short-term rentals and bonus depreciation, the Tax Cuts and Jobs Act (TCJA) introduced favorable changes for businesses, including bonus depreciation for certain qualified property, but the specifics can depend on your situation.Using your property for short-term rentals may affect your ability to qualify for certain tax benefits, and the classification of your property (personal residence, rental property, business property, etc.) can impact the tax treatment.The IRS has guidelines regarding the depreciation of rental property, and bonus depreciation may not always be applicable to residential rental property.Additionally, if you decide to switch the use of your property (from short-term rental to long-term or mid-term rental), there could be implications for tax treatment.Given the complexity of tax laws and the potential impact on your specific situation, it is strongly recommended that you seek advice from a qualified tax professional.

@Shak F.Often times is just matter of asking your local lenders for that type of loan.

QuickBooks will allow you to do Mortgage Amortizations, keep track of property Information like land description, square feet, purchase date, type of house, whatever you want QuickBooks to tell you, YOU CAN CUSTOMIZE it to do it.