Ya, my left side brain (the E and S (Rich Dad term)) is saying that is crazy: 18 CC's and $100k.  

I believe WWC and my goals are aligned, however with these high upfront fees, it appears the general partners would do well with or without the asset performing, which risk is there with potential market correction coming.And, I see what you mean, WWC seems to be doing well with their system, so they may be squeezing more juice on deals now b/c they deliver for their investors.

Instead, you’ll report it as lower rental income on your Schedule E.

My name is Arthur  E I have watched my avatar video and also have the Great pleasure of being able to greatly appreciate your kindness. lets do great deals together.

Below is a link to Josh Andrew's book which is an excellent starting resource, and an e-book from Dave Van Horn about NPL investing. https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/https://www.pprnoteco.com/wp-content/uploads/2016/08/Intro_to_Note_Investing.pdf

I’ve spoken with a few accountants about this and the consensus has been from them that you can’t have the best of both worlds with schedule E and all the write offs.

Column A - year Column B - total units that year, adds previous year total to new units added in Column CColumn C - new units added that yearColumn D - $60k per unit value added for that year (assumes it stays at $60k per year which is wrong, but you could tweak to have it match the 2% inflation from columns E & F)Column  E - takes previous year value from column F and multiplies by 1.02 or 2%Column F - Adds columns D and E for the current year.

I'm on Lane Kawaoka's e-mail list and I always think about striking out for something, but wondering if its worth it or if it can turn into a house of cards...

They do have other options that you can add-on, such as electronic inspection reports, mailing services and e-lease (this one is included if you're a Pro member which I am not) but I haven't found the need for any of those services yet.  

@Lynnette E.