They are an excellent educational  and motivational tool.  

Here's a link to a TurboTax article that explains it pretty clearly: https://turbotax.intuit.com/tax-tools/tax-tips/Ren...And a link to the IRS page on the basics of depreciation: https://www.irs.gov/businesses/small-businesses-se...Hope that helps!

There are also several companies that are popular among investors here in Austin.

These are intended to be short term financing tools.  

@Samson Tefera your first flip or your 100th flip, hard money is a good tool to have at your disposal.  

A lot of the options mentioned above are great tools to use but definitely consider an option that presents a one-stop-shop for collecting rent as well (and has faster payment processing).

I've never heard of this heating method before, but a google search tells me that it was popular in the '70s and can make for a high electricity bill.

Just have to keep in mind long term that technically your not allowed to rent both units, it's supposed to be owner occupied.I like La Mesa in that price range because its close to the city, safe, and will continue to gain popularity over the next few years with the younger generation of renters.

So any advice or tools would be greatly appreciated and I will continue to keep everybody posted on BP of my progress. 

I use investorfuse for my automation and its a great tool to help me stay on top of followups, appointments, team members, virtual assistants and keep track of all the in's and out's of my wholesale business.