Ask around here on BP and passive pockets for opinionsYes they put ads on Facebook because it can work - we see ads for very high returns on Facebook and people fall in love with the number - please note you are not the first or last to go through this.

The loss created by section 179 is limited to your total net taxable income amount from all "active" business income you have, plus any W-2 income. 

Based on a quick answer from Perplexity it seems like there would be no issue with you buying the home and collecting passive income, but you may not be allowed to manage it yourself since that is considered active work.

@Ben CallahanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

For your existing vacancies - there are no proactive measures - simply active or passive measures you can take.

You may want to see if each partner has enough passive loss carryforward to offset the gain.

Take the proceeds and invest in a highly trusted Syndication or fund and enjoy the passive income.

We did this through our LLC, I was actively managing the project while my brother was passive. 

I love talking with investors, sharing values, discussing their wants and needs, helping them fully understand what they’re investing in and helping them achieve their passive income goals is very rewarding.

Looking to be an active investor or passive investor in a deal?