Currently, I live in Hawaii, house hacking my own property, and am looking to expand into out-of-state long-term rentals.My goals now are to master the art of wholesaling, continue raising private money, and build a strong portfolio of long-term rentals.

Huntsville ranked the best in this metric at only 14.1% of the median household income.However, the low property tax rate of just 0.41% of the median home value—the seventh lowest in the country—may seal the deal.

Professional Undwriter On StaffPace pays a professional underwriter to be on staff, over $250k per year I believe, just to underwrite everyone's deals, residential and commercial, for free.

Make sure the GC and subcontractors list the property owner whether it’s you as an individual or an entity as additional insured.

@Moshe Cohen   The easy answer is called "delayed financing" assuming you are buying/bought the property with cash. 

From my observations, most  properties marketed by wholesalers are not  “off market deals”.

I have owned many properties in Westchester over the past 30 years, but it's best to make them fix the permitting or rip it out or use those things as a way to get a better price, which you won't get in Westchester.You only accept as-is bathrooms or basements without permits when you are going to do a full rehab yourself and can get a temporary CO.

How did you go about getting your second property?

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

The subject property is zoned Neighborhood Conservation (NC).