It is fairly easy for depreciation to shield 100% of the cashflow from leveraged properties.

When things were less competitive (I'm in 4 Corners) I had it turned off but we're already at less than 50% occupancy for the year the last 1.5 and having it off would increase that likely fairly substantially.If the platforms had better filters it wouldn't be a problem.

Hi everyone- I am a fairly new landlord.

You should be able to do that fairly easily.

He told me that given that I was still fairly new to investing (5 years) that I should consider the benefits of having the extra cash on hand either for emergencies or for future down payments on additional properties.

When expenses come up, owners pay based on your partnership agreement.This is the fair way to do it.

But, if the cost is fairly nominal, maybe under a couple grand, and you have no experience in real estate, including owning your own home and hiring contractors for that, then it is likely worth it.I would always start with a deep assessment of where you feel you don't have adequate knowledge.  

I think the platform is helpful, although it is a little intimidating to navigate, with so many types of investing options I think its a great platform  That's fair and thanks for taking ownership of that. 

@Jim Stoffey  I do a little bit of this type of work... and from the Money's side of the table they are taking all the risk,, you simply risk time.. and if the deal is that great it will all work as long as you trust them to be fair and honest...

Due to the location (southern LA) the only property insurance I could obtain is through the state's FAIR plan, which does not include liability.