Hey BP Fam, I am a current wholesaler that came across a property with a $120,000 tax lien on it.

It's saved me multiple times. 

This way I can save from November until March.

I've most often seen it with sellers who aren't interested in doing a 1031 and they save some on taxes, earn interest, have a swtream of payments, but no obligation to operations/maintenance. 10 years or less is likely.

Your greatest challenge is going to be running this management company without the appearance of co-mingling all of the LLCs together.Bear in mind that one of the things that you'll be doing here is converting Passive Income to Earned Income via the Mgmt Company and that will be subject to self employment tax whereas had you left everything in the property LLCs, you'd have only passive income. 

My tax lady said it’ll be considered a loss and not to worry about it.

Basically trying to get the most tax benefits and protection as possible.

I don't have any money saved up but don't want that to hold me back from getting started in real estate investing.

@Danny Sanchez you are allowed to pay off the remaining DPA balance to move, so a DPA loan to start may be the best way to lock in today's price, and then continue to live frugally until you save enough to pay off the DPA portion, or wait until you can refi and pay it off.

You will be able to start saving to move to another house in a year or two.