with no experience, it wouldn't make sense to borrow the capital of a private lender.if you have enough cash to buy a property with a traditional down payment to get your foot in the door, you can do so. 

>San Jose’s growth slowed to 2.7%, with a possible rise to 4.5% by 2025.

Are these business partners where you are growing a portfolio together or are you just trying to get your foot in the door?

It's absolutely worth taking a deeper dive.I've been investing in Detroit proper since 2019 and have 12-doors there.

I've spotted a package deal for two duplexes right next door to each other.

We have about 100 doors there, just need to know what you are doing. 

The second piece is whether or not you pass the Material Participation Tests found in IRC 469 and the third piece is whether your participation rises to the level of Substantial Services (think hotel, B&B).4) My CPA Says I can't deduct a loss that was generated! 

Good lesson on what not to do in rising interest rate environment.Thanks @Kevin Hoover for the detailed response. 

It covers your down payment and in most cases the closing costs depending on what state you live in or County.Focus on 2-4 unit multifamily homes first if possible because you can use 75% of the rents per month of each door/unit as income to qualify. 

@Jeff Fortuna@Dan Rowley   @John McKee - I'm receiving roughly 7% CoC returns for my two investments, with projections those will rise in future as they are able to realize contractual rent increases.