If you have positive cash flow, and  you use your own cash to pay off the property, you are adding to your cost.If you have negative cash flow, the negative comes out of your pocket and adds to your cost.If you try to change negative CF to positive by adding to the down payment, thinking the lower mortgage payment will change the negative to positive CF, you are only paying the negative CF upfront,...and still adding to your cost of the property.Profit starts AFTER you have recovered your cost (cash) in the form you paid for it (cash flow). 

Most people are doing it incorrectly, so do your own independent research and don't follow the crowd, because right now--as least with respect to this particular topic--the blind are leading the blind.I just wrote a client advisory on this subject yesterday but can't post here.

With Texas leading the nation in population growth, many are calling it the hottest market for real estate investors.

I think it is very difficult if not impossible to write a lease from scratch and get it right - experience in both representing landlords and tenants over time leads to better and better language.

They help you make decisions that lead to significant long-term tax savings, which often outweigh the cost of their services.

Changing the method of deduction might slightly alter your taxable income, leading to a small increase in taxes.Bottom Line: The slight increase in taxes could be due to how different deductions interact with your overall tax situation, even if the total deduction amount remains the same.2.Is It Worth Amending Previous Years’ Taxes to Change Purchases from Depreciation to Expenses to Avoid Future Depreciation Recapture?

The numbers provided are cash-flow negative so that doesn't help.

I also don't know if this is creating such a large cost, that it puts us more in the negative and makes it not worth it. 

Most of the BP posts are negative on Syndications for very minor LP investor and GP knowledge.  

Property Update, a new property manager is in place who revamped our advertising, including new photos and has 4 leads and a pending application, all within 2 days.