We provide high-quality photos and a virtual tour with room measurements.

Living, but either way you could try speaking with existing owner/operators groups in the greater bay area, or even central coast, looking to expand their portfolios for a joint venture.  

Also I operate 5 STR's myself over 95% performa so I should have some experience in this realm to provide some insight. 1.

You're essentially buying into a partnership with your friend with the partnership owning and operating the property.Now, the financial side of that gets more complicated and would generally include an advanced proforma/financial model that includes a GP/LP equity waterfall schedule that is based on how you and your friend agree that you will pay her and also share the profits.I assume that won't make sense to you right now, but I'll send you a DM.

I ran into this recent TurboTax article  that led me to believe it was possible: Second, you may have a net operating loss (NOL) if the Section 1231 loss is large enough to reduce your other income below zero.

Now people's minds have been so polluted with this marxist-socialist drum beat for decades that people now default to a socialist answer of "Make Them ____, that's the answer, MAKE EM DO IT MY WAY" and that will fail every time because the very framework is designed to operate opposite. 

Network (Virtually and more importantly in person)3.

@Jessica HowellIn the operating agreement we typically put like $1,000 as initial contribution.

This is not the place to cheap out over a few hundred dollars.Lots of lenders and virtually all borrowers never read their loan documents.

Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.