Start with small homes or house hacking to learn and save on costs.

I built high-end custom modular (e.g. stick built in a factory and shipped) for a significantly cheaper cost per sq foot than it would have cost to build with a local builder.

There are a bunch of people here that offer their services.I recommend using dropbox to store all the receipts and name the files with the property that it belongs to along with the cost of the expense.

You may also be required to show 12 months reserves + the downpayment and closing costs.

Certainly appliances and fixtures and as far as I understand, other improvements. 7) Regarding a cost segregation study, given my property purchase of 2021 and in-service date of 2022, am I correct in thinking I could still have a study done and use 100% bonus depreciation for 2022?

What happens if a property does not sell and carrying costs exceed all costs? 

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

The attorney costs $4,000.

Bonus depreciation allows you to deduct a significant portion of the cost of qualifying property in the year it's placed in service.

It took me about three years, after improving the units, raising the rents yearly and reducing my costs, to break even.