I agree except some clients I already have at limited service will not cash flow at full service or need material participation. 

Partner Driven specializes in identifying properties that can yield fast profits with limited upfront investment, making this an ideal opportunity.

I've heard that as long as I'm outside of the city limits I should do ok.

I never limit my investments to one strategy.

There are some key limitations that are important:Passive losses can only offset passive income.Up to $25,000 in passive rental losses may be deducted against non-passive income if the investor actively participates and their modified adjusted gross income is below $100,000.Unused passive losses are carried forward to future tax years.Here’s an IRS article that further discusses the rules: https://www.irs.gov/publications/p9251031 ExchangesThis strategy allows investors to defer capital gains tax when they sell a property if they invest the sale proceeds into a “like-kind” property.

But they also have limitations: can't have a debit card, can't do mobile deposit, may or may not allow wire transfer.

Used equity in another property to limited by down payment to $6500, other cash put into paint and minor cosmetics How did you add value to the deal?

Without a scalable model, your business will be limited to the effort of the entrepreneur.

If you wait two years and have only used it for limited personal use then the IRS guarantees your investment intent under Rev Proc 2008-16. 

Is the trust claiming that whatever occurred, the plaintiff’s recovery is limited to the corpus of the trust?