Jimmy,You need to show (2) years of 1099 SE income in order to use FHA, or traditional financing to get approved for a mortgage.

A SE walk through would run around $600-1000 to assess it and would be a good starting point honestly.

“Depreciation” is a wonderful tax benefit over the course of 27.5 years, but unfortunately, it isn’t a tax break per se, merely a deferment. 

I'm a wholesaler and flipper focused in SE Idaho.

All that being said I don't know about if a salt hot tub is better per se, I know it's better for your skin and I'd say perhaps if you're in a very health conscious area like Joshua Tree, some folks might be attracted to the idea of a salt water hot tub.

But just hating on wholesaling in a wholesaling forum is so unbelievably pointless. its not dead per se  but it is starting to be regulated as it should.. oregon just passed their version. where to wholesale you now need a license and over site by the RE commission.. along with criminal back ground and a BOND.. and as we know not everyone can pass either of those with the bond being the tough one if you have bad credit your not getting a bond.

Additionally, I wholesale deals and we buy & hold in SE Wisconsin.

Hi Jeanette, I am in SE WI too.

Additionally, I wholesale deals and we buy & hold in SE Wisconsin.

In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.