For example, if a given property generates $100k in losses (typically due to depreciation), would those losses typically appear on the partner's K1 forms in proportion to their equity percentage?

You might be able to hold property as Tenancy in Common with ownership proportions equal to the amount each of you want to invest in the property and then finance it with conventional loan like an FHA loan (if you're looking for something like 3.5% down).

The opposite effect causes a lower CAP rate in the nicer neighborhoods with better growth prospects ... both prices and rents are higher in absolute dollars, but not proportionally resulting in a lower CAP rate.As for strategy, if you want immediate income and are willing to handle the more intensive management and risk, then a high CAP rate property may be what you are looking for since you pay less for a higher (but likely more volatile) Net Operating Income (NOI).

If you ever wanted to expand the house on it you had better make sure the backfill meets compaction or it will render it useless.

To remove this pool the right way (demo concrete, back fill, compaction, soil test) is very expensive.

The ratio of values to rents are more proportional.

I have a photo and design background, and take them with a compact cam that has a wider than average lens.

I have done demo work,  flooring installations, tiling, drywall finish, using miter and table saw to cut and install baeboards and window sills and building picture frames with scraps, .I built a bar cabinet, an island cabinet around a center island stove, I have ran packer machines that compact the dirt in a foundation before the concrete is poured.Of course painting and sanding and varnishing...replacing electrical plugs and receptacles, hanging light fixturees, replaced plumbing pvc, used all sorts of power tools and saws and LIKED IT!...

I see infill SFRs all over trendy Intown (not so much in the 'transitioning' areas), of the Brobdinagian bungalow variety (great design, great features, just gigantically proportioned), and they're not cheap.

The more owners you have the more muddied the waters get on distributions - they usually have to be in proportion to ownership.