You could be criminally charged for taking advantage of mental disability of the senile old person.

W-2, 1099, etc.) with passive income/loss from rentals is to meet the IRS requirements for Real Estate Professional Status or REPS (this also requires material participation in addition to specific requirements to be considered a REPS).Once you have clarity on whether or not you can offset non-passive income with rental losses you can then explore cost seg to accelerate depreciation (and some of the accelerated depreciation from cost seg will impact year 1)...

PatriciaThe upcoming election seems to bring some volatility and also  hesitation  for real estate investors right now, sometime after November 10th I am sure we can have more clarity on what strategy to use :)

Perhaps shifting your mental to approach to a continuum of "Least Optimal" to "Most Optimal" is better phrasing. 

I have the mental and physical ability to build more, just not the finances... 

Spear's comments about required capital improvements as they relate to rent increases and a captive audience/ trailer trash mentality. 

Focus on what you do, stop having a scarcity mentality and work with the best.

Congrats on making a mental commitment to this industry.  

Welcome to the forums @Bobby CofieldI love the pay it forward mentality! 

This combined with actually getting a handle on the success rate of the leads I am getting will bring the clarity to my biz I am severely lacking.