Tankless water heaters would only save you on the energy your normal water heater would use, since it doesn’t have to constantly heat 75 gallons to make sure you have heated water ready at a moments notice.

However, partnering with others that you trust, who have capital as their resource, whereas maybe you have time / energy / hustle / expertise as yours... 

The touch points Kitchen, bath, google nest, light fixtures, are what cause a buyer to ohh and ahh, and you only need a few to create the interest fall in love factor.   

Check if high taxes or lower taxes -need to figure out how much you can afford-how to finance it-even though you are handy, may want to start with property needing light rehab-find out area rents for similar sized property

He is worth more than $100 million.My point to all this is; stop trying to get rich with real estate and spend your energy just trying to get the knowledge and experience you need, FIRST.

When I first got started I mostly focused on pre-foreclosure leads, it's definitely an INTENSE ride.My approach made me over $150,000 in just wholesaling/wholetailing these deals that year.I would call the pre-foreclosure lead and explain to them that I was aware of the "situation going on", I was here to bring a possible solution.Tonality is everything, you have to sound sympathetic - you can't approach someone in this type of distress with too much energy. 

Yup the depreciation recapture light bulb went off.. 

I am following the rules for tax write offs. 14 days rule, write offs capped at income (will have carryover losses), etc....So in light of this I bought a 4wd truck and put snow rated tires on it.

If I can get in at a certain price, I know where fixed up and properly rented units will be valued and the math is quick and easy whether you’ll be able to cash out in a year or so after turning over tenants and light rehab.

Why would I do that in light of what I mentioned above?