You will receive most if not all your benefit in year 1.Year 1 is where you will spend money furnishing the house and potentially taking bonus depreciation via cost segregation study.Year 2 and onwards, assuming you got a performing asset is where things will reverse tax wise and you will likely be reporting positive taxable income.

For this cost, $350 for the plus, I am extremely disappointed.

Does someone know a range of how much $/sq ft a parking space costs in a busy area say downtown Dallas vs non busy area? 

A: "Oh, I don't actually live here, I'm just staying here for a few weeks with a friend"A: "The seller just asked me to stay here because people kept breaking in and vandalizing the place, that's why the appliances are gone"A: "I love all the neighborhood pets, but I absolutely hate the business next store because their air conditioner squeals when it runs ALL SUMMER!"

IRR 10.78% and equity multiple 1.46xI would like to learn more about what due diligence I should be doing, what questions to ask, and anything I would need in place to transact (attorney, costs associated etc.)

Imagine you sold for $10.5M, paid $500k in commissions and closing costs.

If the mentor knows what he’s talking about, has the experience and a verifiable track record then it could be a very cost efficient way of obtaining one on one guidance.  

I wish to establish my business there and operate in Georgia.

I am calculating 20% from the net profit (we are in CO)... including AFTER holding costs and reimbursing our own $ that we also used to fund the flip.  

The coverage cost has increased dramatically in the past few years.Alabama has the second lowest property taxes in the nation behind Hawaii.