Knowing of course that it is an IRS untaught method to their people who Audit return (of our SIC codes)-- An unknown fish so to speak that might cause them to simply redline it costing the customer big Bucks $$$$$$$$$ (and anxiety).The tax savings on a $30,000 write off should buy quite a few Mcdonald's cheeseburgers.

The LTR will be the easy button (compared to other strategies in real estate) but will be less cash flow.

You could take that same $70K plus what you planned for that $680K down payment and buy 3 investment rentals in states like FL, TN, IN, OH, GA, LA, even up on the Oregon Coast just above you in CA.Most of my customers live in CA and none of them invest in Cali instead they buy in the states I listed above.

We specialize in window replacement, custom entry door systems, and garage doors, as well as several other servicing needs for interior and exterior work. 

Once you find a house that you believe would be a good rental, meaning desirable to your target market of customers (people within a couple of mile radius of the place), and all of the costs of monthly ownership that you can accurately project fall below the rental amounts that you project that you can get from your target customers, then you have a possible business asset that you can use to produce income, and have renters pay down the mortgage, while hopefully it goes up in value at least with the rest of the economy. 

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Legal documents and customs are tricky in a native language let alone a foreign one.

The cost of labor and materials now is insane.The type of work on my custom house is about 400 a foot.

there is a ton to being a GP syndicator raising 3 to 5 mil 50k at a time.. you now have 100 partners and the amount of oversight  customer care and Risk in my mind has to be considered compared to what you do now which is build sell and make nice bucks without being beholding to anyone but your construction lender. ??

If you want to run a charity by all means run a charity but don't speak such insanity that letting customers STEAL is ok, it's not.