Hi Tim, Except depreciation, all the losses on Sch-E are material losses.

RentVine's customer service is exceptional.

@Ashly Frasso not many PMCs do this as it's a headache except on the right Class A properties!

I have considered doing a TIC/coop in San Dego but have the belief, without any data except for how I would value the financing challenges and tic risks, as being much greater than 10% price difference from condo price.  

First, know that Jerome is exceptionally knowledgeable on buying land and building SFR, MFR, and apartment buildings.We just withdrew our membership to the program for a full refund.

I am based in Seattle, but is licensed in Tx.You can acquire your a primary residence from up to 1-4 units for as low as 5% with conventional or 3.5% with FHA with a few exceptions.

@Jay Fayz for SFR (1-4 family) Classifications are mostly opinion-based.Not aware of anyone tracking eviction rates, except Evictions Lab nonprofit that doesn't like landlords.Here's some info that might helpt:---------------------------------------------------------------------------------------------------Recommend 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?

This means that your permanent residence is excluded (except if you are doing a house hack in which the part that is rented out is eligible for cost segregation).

Note I have no affiliation with them except I use them and they have provided me a great VA.

Do you know a scenario (except STR) where REP status can be gained while having a full time job?