I invested in 7 syndication funds in 2023 as a limited partner with the expectation that I would generate first year losses from cost segregation that I could use to offset my gains on my personal real estate investments (self storage). 

No there is still one person living there right now. 

Response to #1: Some lenders allow for layered entities while others want warm bodies/natural persons to be direct managers.

Hoping to start flipping homes personally as well! 

Typically that's the roll of a business broker vs real estate agent, although sometimes one person does both.   

My first two properties are still in my personal name and I actually need to switch that up finally, so thank for the reminder.Nonetheless, you can definitely still open up an LLC, I just try to avoid putting the cart before the horse.   

However, the value of your labor generally cannot be included in the cost basis for depreciation purposes.Accelerated Depreciation: A cost segregation study would identify components of your property that can be depreciated over shorter periods, such as personal property and land improvements.

You may know this already, but out-of-state investors are also sometimes surprised by Texas’ “high” property tax rate (but no personal income tax).  

I knew I was good with numbers so I'm constantly underwriting deals and I also worked in sales for a long time so building relationships is something I do as well. 

The more established borrowers with a track record likely have their banking relationships in place so how to you earn their business?