If the tenants take legal action, a court could find that you didn’t fulfill your duty to mitigate damages, leaving you responsible for the full rent.

What happens if some investors fulfill the call but others don’t?

I understand your frustration.

Most don't understand taxes:  For example, a girl with purple hair at my credit union did not understand depreciation, and I did not get into Cost Seg with her because she really would not understand that. 

You MUST understand this as the suburbs are usually much nicer than the city.All of these challenges are why we have a map of Metro Detroit on our website with the cities in Macomb, Oakland and Wayne Counties listed, as well as 183 Neighborhoods in Detroit.The majority of the 48235 zip code is Class C, the question is, do you understand what that means?

Quote from @Diego Martinez: I'd like to gain a deeper understanding into the key factors investors consider before committing to an investment property.

I don't really understand what you said about edit charts of accounts.

Quote from @Chris Seveney:  So if I understand all of this, the only way to unlock prior passive losses is with future passive gains.

That’s okay, but you owe an obligation to him to ensure he’s educated and understands what he’s getting into.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!