Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.

Don't put a high list price based on what you want, needs to be based on solds

We don't bait and switch, we work deals based on actual details of the client's specific deal.

Typically lenders reward experience and increase leverage as you complete more projects so would confirm with the lenders you are talking to the $30K is enough based on the price point, rehab budget, closing costs, and any reserve requirements they might have.If you are located in Brooklyn but investing in Florida just double check this works for the lender. 

However, when I requested our EIN the letter stated, "Based on the information received from you or your representative, you must file the following forms by the dates shown.

Based on some of the research done, I am inclined towards starting out with a small multi family investment property (2-4 multi family home).

Hey Chris,This is the website: https://suncrestcapitalgroup.com/Ive been dealing with Kevin Barrios.They have office based out of Florida.I checked BBB and couldn't find them. 

Another focused on National Realty Investment Advisors, a New Jersey-based firm with a big Philadelphia property-development footprint that promises large returns to investors on national TV and radio ads.

He is based in Indianapolis and works with a ton of OOS investors.

It would still be based on the revenue it produces.