There's a technique to sheetrock so it's a grade 5 finish and looks seamless.

He also teaches a "niche" technique, using Lease Options, which is great for a investor that is new to the business. 

Quote from @Aleksandr Shmidt: I’m working on securing an off-market multifamily opportunity here in Las Vegas and need a proof-of-funds letter to accompany my offer.

That is the sale of a Security.

You can also find detailed guidance in IRS Publication 925 and the IRS Cost Segregation Audit Techniques Guide.

Then all 3 of the following: security deposit, renters insurance and damage insurance? 

Great answer from @James JonesI do tend to rely on the seller's documentation for security deposits, etc.

A number of the top REITS have found a technique that lets the investor initially 1031 into a DST on a temporary basis and after 2 years the REIT absorbs the DST and the investor receives the equivalent of shares in the REIT which makes the investment liquid.

Quick question, would you rent to those on social security income and what kind of proof of income would be acceptable?

Hi @Kenneth Kirkland, When you buy a property, the assets transfer but money like security deposits or reserve funds doesn’t automatically.