I might try to organize some sort of meetup for investors in the near future.

You are also buying the property for 600k after 10 years and giving the person you are lease holding to the option to buy the property at 1m after 11 years.There are TONS of other legalities that would take weeks if not months to talk about and sort out between you, the person you are buying from, the person you are selling too, and the HOA if you are purchasing a property on top of a property (for example a condo) but there is money to be made IF DONE RIGHT.Please I highly suggest anyone with more extensive knowledge critique my post and iron out any of the wrinkles you may see in it and continue explaining if I missed any crucial parts.

Or is there some sort of exemption that I don't know about (that also applies to rental properties)? 

let me know what y'all think.I live right beside a really nice high school and would like to buy a parcel of land to develop a small sort of subdivision.

Then it was sort of rinse and repeat.I did notice that was a popular starting point on a BP poll recently (renting out a place you already owned/lived in).It makes sense as you have the financing in place, the transaction complete, plus you have screened the area and the property, know all the maintenance and routines, etc.So your first home may be your first investment property, too, eventually. 

Hey question if anyone has done this and knows the proper way to do it.Lets say you wholesale a deal to aninvestor who will be using some sort of traditional financing.  

Maybe you guys knew this already, but I just wanted to attempt to add some value in some sort of way.

Would I just add those costs in with any repairs and include some sort of statement with my tax return?

These are the sort of things you need to check BEFORE putting in an Offer.

@Mark S.Yeah the nature of your business sort of makes it fall into a grey area.