I'm not sure if it's a trick question, but when a seller asks for proof of funds, you provide proof of funds.

Fingers crossed for retroactive application lol@Joshua Thompson totally, I just wanted to update everyone on the status of extending 100% bonus depreciation (since this is also a focus for our clients) and provide a reference to creditable source. 

You will just likely be looking at a LOT of houses to find one that is marginal, at least for my return needs.Secondly, along these lines: in the neighborhoods I know and invest in, the demand from retail buyers is still very high, and inventory is low.  

My concern is that all of my info is coming from the agency and I do not know how to find and evaluate properties/deals yet on my own.

In Columbia, finding a small multi-family property that makes sense numbers-wise can be difficult, but not impossible (low supply).

So find one who specifically works with real estate investors and can help you maximize your taxes.

My attorney advised me and my spouse to setup separate revocable trusts for asset protection but I'm finding that some financial institutions do not allow accounts to be held in title under more than one trust.

@Johanna Valencia If you're looking to scale the portfolio, I'd suggest getting into another multi, somewhere within a manageable distance as to make it easy for you to manage, but also find something in which you will be able to fit your family.

The biggest thing they are saving you is the time and stress of finding someone to fix when you're out of state.

Our book is exclusively on how to safely find and fund private money loans for passive income and secured by real estate.