They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

And for investor to put up money for this is just financial suicide.. there was guys down in San Antionio doing this preying on non english speakers.. just a sleazy way to try to make a buck nothing to be proud of.

Couple hundred bucks a door monthly cash flow, solid ROI, and yes plenty appreciation. (#1 appreciating city 2023)I know many investors that have house-hacked with your exact criteria and done really well. 

I leave a few bucks in the checking account. 

The ecosystem has much maturing to do before you'll be able to do what you want easily, IMO.p.s.

Around year 7 or 8, ideally year 10, re-assess your equity and maturation of those debt notes and re-adjust how you invest to suit your needs. 

I would suggest changing your mindset from how you can save a few hundred bucks to how you can grow your income.

I have a couple of short term first trust deeds ready to mature and need to re-deploy this capital.

Pregerson ruled on November 13, 2020 that the apartment owners had failed to show “irreparable harm” because (a) there was no immediate threat of foreclosure, and (b) the City Moratorium appeared to be “imminently reasonable” in the context of the unprecedented pandemic.[3]"https://www.natlawreview.com/a...Pretty sad that the judiciary is passing the buck to the legislature and not wanting to get involved. 

I don’t want to underutilize the equity on this property so I feel like taking out 100 grand on our Primary where the rates suck already and it will only cost me an extra 600 or 700 bucks a month.