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. 

His goal is for members to generate a retirement starting in 5 yr's or sooner.

During this time you are not generating any return from the money invested in the ADU.

A lot of this type thinking is a result of the individual having no understanding, or conception of interest, principal or “the time value of money”.  

What are some creative revenue generating strategies that you all have explored?

It feels like everyone and their grandma is on the Do Not Call list nowadays and my worry is the fines associated with accidently calling these individuals. 

Sounds like it could generate some good monthly income, but it could also be a hassle being that far away and only 1 property.Yes, but we have friends in Fairhope that manage rental properties so we aren't as concerned about that. 

I would assume that you'd just simply sell each individual lot to the developer at a set lot price such that your cost to purchase the raw land and improve it to buildable lots was worth the proposed profit per lot.  

Activities prior to launch, but after you have purchased the property, also count.2) I'd recommend reaching out to the other individuals that work on the property and ask them for an email or time log of their hours on your property.

Unless you’re a very unusual individual, I believe a full service broker would be better for people who lack these attributes.