While the criminal background check came up clear, the undisclosed case that led to job loss due to inappropriate behavior is concerning.

Can I qualify as a Real Estate Professional and deduct all losses from my W-2 income?

I considered listing as 'for sale by owner' to save on commissions, and even put up Rent2Own signs which did get a lot of interest in the first weekend.However, after looking at the refinance term sheet from that weekend, I decided to just cut my losses short and sell.

If the house value goes way up, the seller has taken a loss, as without the option, he could have sold for more.

On rare occasions a tenant can’t - or chooses not to recover and they get evicted.  

I considered listing as 'for sale by owner' to save on commissions, and even put up Rent2Own signs which did get a lot of interest in the first weekend.However, after looking at the refinance term sheet from that weekend, I decided to just cut my losses short and sell.

Should I try to sell without repairing (taking a loss even if I could find a buyer)? 

Insurance in most cases only cover mold/fungus IF the mold was caused by a covered loss.  

@Thomas Richardson As @Mike Grudzien mentioned, reading my book doesn't exactly tell you how to "pitch" to private lenders but it does help you understand how to present deals to novice or new PMLs within your network by being able to show them how you'd protect and safeguard their capital with things like equity protection, title insurance policy, loss payee on your property insurance policy, going through a third party title and escrow or attorney to close the loan, etc.

I had a passive loss form the syndication, I am not sure whether I should input 0 or the actual loss number in D-400 Schedule PN Line 11 Column B.My confusion is for federal tax, I know passive loss should be filed with 8582 and put 0 in 1040.