Very good information and the system I think every agent should be following.

Do I file any yearly tax information on my 1040?

Has positive cash flow as well as appreciation also. 

It could very well start happening at any time.

We won't make a loan if it does not look like the rehabber can earn a profit of at least 10 to 12% of the ARV, converted to dollars, of course.This approach takes both your profit, in dollars, into account as well as the value of the property.

Possibly not but you are relying on appreciation to do well on this investment.  

Chase, US Bank, usually the ones that seem to be more well versed in BIZ Banking.

As well as mentorship or guidance if anyone is willing to help!

Also, much of Jackson is in a flood zone, so you need flood insurance as well. 

With a better understanding of your budget, you can make more informed decisions to ensure you are putting the money towards things that will not only keep your properties running, but to also increase the value of your properties.Financial Plans for the Future: Having a cost segregation study performed and using it as a planning tool allows you to have a roadmap for the future including being able to strategically utilize other tax benefits alongside it.