It sounds like the HVAC and basement work are capital improvements and will need to be depreciated as others have said.I would add though that the temporary regulations that went into effect at the beginning of this year allow for disposal if a cost segregation is done to determine structural component basis.

I'm forever humbled by the many new things I continue to learn.Big turning point for me in real estate investing was when I really sat down and defined a long term plan and then focused everything I did from that day on (in real estate investing) on working that plan.

I strated a Creative Financing group thing here on BP and I guess I didn't spark too much interest as few commented and couldn't get them to start from the beginning.......everyone wants a short cut I guess, anyway,Can you define waht creative financing is or what could be involved?

You could also reach out to a Realtor and get them to run a report reflecting all of the addresses that have sold for cash that pre-defined area in the last 90 days.

Redfin adds the real estate sales component to the mix and combines real estate search with real estate sales.

Rob, I agree with you, this is practically a total guru scheme.If you're going to define wholesale deals as selling to a landlord or someone who intends to sell closer to the FVM (after rehab of as is) at a price allowing them to profit, well, I've done that many times.

AFAIK, there are two components in solo 401k deferral: a) salary deferral by the "employee" and b) profit sharing by the "employer".

I believe two types of quantitative models should be useful:(1) Factor models using linear regression;(2) Principal component analysis.I think the software is the easy part; the difficult part is to have a good data base.

Built in a accounting component.

You've obviously had past success in business already, so this (mentors) is probably not new information to you.Also, I do recommend having a fairly well-defined (but yet flexible) overall plan/strategy as to where you're going with investments.