If you choose to go this route and like this model, I can hook you up with a banker that is awesome and loves these.

Experience is the only real teacher, so I’m at take action mode, glad to chat one on one if you have questions.

Think mini pensions or rental properties that provide steady cash flow.However, if your net worth is under $4 to $5 million, you’re still in growth mode and should keep your day job.

I’m about to transition into beginning of the school year mode, but I’ll keep it in mind!

That is correct @J Scott as my entire business model is based off your books.  

Also, Z Wave and Zigbee radios are in sleep mode 99% of the time whereas WiFi radios are communicating pretty regularly.

That would be a model I could support. 

They will go "fully amortized" after 10 years meaning your draw period ends and you go back into repayment mode.

Out here on the west coast the few wholesalers are tying in with real estate companies or licensed like the new western model.. I

In that one, you can go into the forms mode on the Schedule E worksheet, then check the boxes "G - Other passive exceptions" and "D - Material Participation".By the way, if the average stay for the year is 30 days or less, you have to depreciate the property over 39 years instead of 27.5.