Also, I thought I read that the Republicans are looking to go after the IRA act which gave the benefits. 

The beautiful thing about the cost segregation is that the cost seg company will give you a breakdown of what the cost seg study will cost and the likely benefit of the study before you have to pay for it, so it's a win, then play scenario.

I had 8k saved up, a 10k approval for an unsecured loan from my credit union, decent credit to get a Home Depot card, maybe a few grand to borrow from a 401k, and it was warzone shopping time.

Along with that, make sure the seller is either crediting you or giving the renters' deposits to you or back to tenants, depending on how you set it up.

One wrong move, one wrong contractor, one wrong vendor…will erase any "benefit" one city has over another.

Can you qualify for a mortgage with income, assets, credit, and a property that can be financed?

Obviously, the answer is "No", not every investor needs a coach.
Here are a few reasons to avoid a coach/mentor/teacher.
1. They tell you real estate investing is "zero down", "you don't need money", they have "spec...

Title insurance should also reveal if the trustee has this ability.To clarify, if a trust names someone who is deceased as a beneficiary, the trust would then name someone else, or would name their estate (the reasons behind forming trusts in the first place would seem to indicate that it would be another person, since their are tax benefits and probate avoidance).  

My thoughts were:-Purchase at $220,000 with subject-to financing-Pay the $6k to get mortgage current, then take over the existing mortgage/payments-Give seller 2nd lien position and pay them $500/month (100% go to principle balance on 2nd lien)This essentially becomes a break-even (or small loss) situation on monthly cash flow, but I own the property with $0 money down and get the benefits of depreciation.

BUT, my understanding is that the formation of an LLC does not necessarily lend you any benefits by simply having the property titled under that LLC.