This is especially true when only putting down 5%What is unfortunate with the 5% conventional program is that you get hit from 2 sides:1.

Its an unfortunate situation, an act of nature.

Guru BS - A guru charges $30k for mentorship of a program that while legal is only doable in a very limited number of circumstances and or his “training” in no way prepares the student to successfully implement any real estate investment strategy let alone the one the guru is selling 4.

What I was trying to say is, thats not what sells and unfortunately most people only go after the shiny object.

Then you have wiped the slate clean on the loss carryforwards, that $200k of released loss carryforwards offsets ordinary income first - so you will actually get a great result.Then, in 2025, when you have no more pass loss carryforwards, consider making that real estate professional status aggregation election, and utilizing cost segregation on properties you acquired in a prior year.Of course all of this - get some real tax help, I'm just another guy on the internet here, and there should be a deeper dive on the circumstances than what you can get through a forum posts to ensure this all actually works properly in your situation.

Unfortunately, most people spend six months picking the 'perfect' market, only to then rush through the important groundwork... which is exactly what I did with my first investment :( Good luck

Unfortunately, I don't think Davenport is headed in the same direction as Cedar Rapids and other Iowa metros.

I’m actually more concerned, and my original reference (which I did NOT, unfortunately make clear) was to short to medium term price declines in any market, such as 2008 - 2012, etc.  

The part that seems to continuously get people (unfortunately, and for lack of better words) is the "no evictions, no bankruptcy, and no more than 6 non-medical collections." 

Sinistar is an unfortunate name, for sure.