Let's chat sometime--I can at least point out some decent local "southern food" restaurants

My credit score is in the 780s.Because of my loss of W-2 income, I doubt my self-employment income from my 2014 and 2015 tax returns will paint me in a good light (since it was side work, I think my 2014 tax returns says gross was about $10k for the year). 

I learned to cook because the foods I liked are expensive in restaurants.

As stated above, except for any food or drink you order there is no charge to attend.

If they aren't in a position to stop foreclosure or pay their back payments, you are providing them a way to cut their losses, stop the bleeding, and salvage their credit.

I was in food a long time ago before getting into commercial rel estate.

2) If I did decide to exit before the deadline, there will be such a run-on-the-bank that my notes would sell at a huge discount (in addition to the loss of value described in #1).Maybe I should look at the silver lining and jump in and buy a bunch of discounted notes on Folio.Text of e-mail:A Message from Prosper and Folio InvestingWe are writing to let you know that as of October 27, 2016, Prosper will no longer offer the Folio Investing Note Trader platform, the secondary market for Prosper Notes.

Even if I could keep losses to 12k (what I would spend anyways), then I am still getting a huge tax break through deprecation and equity pay down my people staying there.

Class A areas tend to have limited turnover and higher rent to equity growth over time for appreciation.They also tend to have the least amount of cash flow.A area - more appreciation, less cash flowB area- middle appreciation, middle cash flowC area - less appreciation, more cash flow ( bigger headache )D area - close to zero appreciation or loss of current value, higher perceived cash flow with more work and a huge headache. ( owning out of state A and B area are the ones most investors stick to ).   

You can't deduct passive losses at your income level.Personally speaking, I would 1st max out all tax-sheltered vehicles, then pay off that student debt before getting into real estate.