If you don’t mind hanging onto it as a rental it might be a better plan to do lease option bs straight rental.

Find a value add and over time it becomes pretty straight forward

My cpa charges abojt 150 an hour and I can’t imagine the cost it would take to keep that all straight lol.Asset protection, making your lawyers and accountants rich one LLC at a time. 

Through the promotion of our renovation and the finished product, we now have 3-4 clients that came straight from paid ads on Instagram and Facebook.I'm wondering if a portion or all of the 35k renovation can be used as a tax write off because it was used for a business purpose (promotion).

I am also not in the Robert Kiosaki camp predicting global meltdown for the last 7 years straight! 

If you are doing buy and hold rentals, then perhaps a straight cash-out refi of your home would be better since you will have the investment money in productive use for a long time.

Maybe it's whispered as an acronym a t REIT board meetings, but in the outside world, I've NEVER heard it just used as a straight acronym. because it always has to be unpacked.

I would be 100% straight forward with the seller and openly state your concerns. 

I can't get a straight answer from my CPA so curious what you guys do.

To get straight to the point I want to pursue a career in REI, but I don't have sufficient funds to do so.