Condensation: where warm humid air meets cold dry air.

If you're an LP that meets the requirements for REPS, but you're not materially participating, losses generated from bonus depreciation is unlikely to help you offset non-passive income. 

The larger outsourcing companies are also good sources - try National Default Servicing and Integrated Asset Services.Hope that helps.KP

Quote from @Patrick Drury: @Mike TikhKeep in mind if you are buying an FHA 4-unit it needs to meet the sustainability test.

This means meeting the 750-hour rule, the 50% rule, and the material participation rule of 500 hours.

I am primarily interested in syndications (I am accredited) and would love to learn more as well as meet like minded folks to discuss how they embarked on this journey.thanks in advance!

1.Activities That CountTo meet the material participation criteria, you must log your hours in a detailed and ongoing logbook throughout the year.

It's more about steady content and natural growth once you nail the basics like keyword integration and technical optimizations.

Especially a meet up on private lending, ADU additions are discussed regularly (new attendees looking for money for their ADU additions without being aware that no one there will lend on ADU additions).  

I love that the features of Avail and other property management softwares are integrated into the platform