He's a snake oil salesman.

Well, for the exact same reason I have someone else do my oil changes, roof my properties, fix the a/c, and the countless other things.

LLC does nothing for taxes, its a disregarded entity and passes right back through you.Other options are to invest in syndications that take larger depreciation such as some oil and gas or Multifamily offerings.

Make sure and understand if the area has old oil and gas activity. 

One of the biggest issues almost everyone misses is not finding out about old oil and gas activity on land or under a home.

The building has central heat so we pay the oil costs.

Biggerpockets family!A little blurb about myself. At the young age of 33, I have worn many hats in plenty of different industries. From construction to tech start ups, I'm a self proclaimed jack of all trades. Always ...

I'd also like to see tensions with Iran subside and oil prices strengthen.For now, I have better opportunities with lower risk at home.

When the house sells years down the road, you have to pay that money back.Edmonton (and Calgary) markets are closely tied to the price of oil.

Also curious to hear from others as far as investment types: crypto, bitcoin, oil and gas, precious metals, I don't have a full understanding of crypto/bitcoin and have heard that it's volatile.