If your CPA was just like "Oh wow you made money good job" and was't like "We should see if there's a way we can minimize your income on paper and related tax"...you may want a new CPA 

The first post here: https://www.biggerpockets.com/forums/432/topics/42...So whether or not I am able to buy my very first property I want to chronicle this so people can at least see the tedium and they can probably do better than me.So my objective remains more of less the same and thanks to some replies I have a little more information and I have taken some steps as well as more questions so let's begin:Requirement:ROI doesn't matter too much as long as it can sustain me a little bit and that is utilizing an FHA loan or its equivalent.It is in Jersey City heights because I still have aging parents to look out for.Like I mentioned in the previous thread I want FHA financing but I'm open to other options.As for multi-family I am willing to do multifamily or mixed if the price is rightImprovements needed should be minimal but if it can be completely fixed via an FHA loan with a 203k without incurring any additional out of pocket costs then I am for it.Vacancy doesn't matter too much because I'm sure people will want to live in the heights.Action taken so far: I still have been going to realtors and getting pre-approved for a mortgage in Wells Fargo which if you are socially awkward like I am is a big step.

For example, this post from EquityMultiple is quite thorough (though you should always recognize the platforms will highlight the positive things about their particularly fee structure while minimizing the downsides).As @Mark Robertson pointed out, whether the site offers 506(b) or 506(c) investment can make a difference as well, and it's also important whether or not the site is registered broker-dealer or not (many, like Equity Multiple, are not broker-dealers themselves, but have contractual affiliate relationships with broker-dealers to offer the actual securities). 

That is a delay on your end and if you want the convenience of online payments that you don't have to deposit checks then it's something you'll have to live with. 

The cost should be minimal as it will be about an hour or two of their time.  

It's called their "Delayed Financing Exception".

To my understanding, the 203k loan has the benefit of minimizing upfront cost to acquire the property,  but you get punished by the premiums over the long term.

However, very few markets appreciate 3% annually every year and TK providers typically buy in B / C neighborhoods with minimal appreciation. 

Sorry for the delay!  

I legitimize the use of electric, because the gas company charges a connection and service charge which I believe is around $250 a year and while electric is more expensive, it is minimized by not having to pay for gas service to the property.