I could be off here, but my understanding is that if you are already in the business, you have a precedent set and can depreciate furnishings as you scale your portfolio. 

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsGood luck on everything!

.- What investment strategies should he consider?

Start with thorough due diligence on the investment property and consider factors like location, market trends and potential for rental income. 

Has anyone considered using a company like Curbio to flip houses?

To explain more, I am set to inherit some property that was correctly put under an LLC and was purchased through a 1031 exchange. 

I love San Diego and also like doing Real Estate in San Diego. i am planning to figure out how to become a real estate professional along with keeping my W2 job as long as the Stadium Company does not fire me. i want to have a backup as my spouse also have a W2 and so if i get laid off i can be then consider full time real estate professional and then focus completely on my RE journey.

You setup a trust, who sets up an LLC.

I am considering posing this as a zero interest deal, so the $72,000 ($2,000 x 36 months) paid in the 3 years leading up to the balloon would go straight into the principal, and so will the $17,500 down payment.

I believe that list of tasks for Colorado includes:-Setting rent-Negotiating lease terms-EvictionsAnything else?