If you also have W2 income, then Section 179 income limitation on Schedule C should not matter.Also, whether you take $1k of depreciation or $19k of depreciation, after adding it back you have the exact same income for underwriting purposes, so I'm not sure why you're concerned about a reduced amount of depreciation.

I’m a fan of C+ class areas.

@Evan Thomas AndriolaDepends on the proeprty/tenant Class.Class A: we usually recommend newer/nice appliancesClass B: we recommend used appliances because tenants don't take the best care of them.Class C/D: we do NOT recommend appliances because tenants don't clean, leading to so much caked on food/grease it's realistically not cleanable.

Avoid C-Corps, as they incur double taxation.Use LLCs for rentals and consider an S-Corp election for flips if income justifies the additional complexity.This post does not create a CPA-Client relationship.

(A,B,C, D areas)? 

Quote from @William C.: Quote from @William C.: Quote from @Sean Graham: Quote from @William C.: Quote from @Sean Graham: Quote from @William C.: Wild idea based on a property in my local market.

A) capital provider,B) deal provider (me), C) accredited investor, D) syndicatorI'd want the accredited investor to invest in the syndicator's deal with my money.

You can choose Partnership, S Corp or C-Corp.Be careful when applying for a tax ID number for your LLC.

Quote from @Rebecca C.: I am new to this and trying to gather as much  information as possible.We are mid fifties, living in a tourist area on the coast of GA.

They are 1 bedroom apartments and I'd say C class (if you're going by A-D).