It's a gold mine and it's full of investors who just want to see other people succeed.

For educational purposes and future planning, is there a downside to having a large net operating loss carrying over into future years?

If the seller has an existing mortgage, you can purchase the property on contract, but this option carries more risk since you won't hold the title.Hope this helps. 

I have a strong work ethic and don't shy away from hard physical labor thanks to my granddad making me carry pack of shingles up on roofs at 6am during my summer when I was 11 years old, my pay was dinner that night lol. 

However, I also carry a few umbrellas to cover each group.

Do you have reserves to carry it for a time?

DSCR loans carry prepayment penalties so you would be parking your cash for some years. 

The security deposit from the old lease was carried over in the amount of $2000.

Notice is for not carrying renters insurance.

If you were to wait until the lease ends, can you afford to carry the costs of the property until sold?