I ended up investing out of state in a more landlord friendly / cost effective market.First thing I'd recommend is figuring out your investing strategy (single family / small multi-family 2-4 units) and attend some local meet ups to network with other investors to learn from their mistakes.

He felt spending more time disputing the rejection was not cost effective and i see his point but suspect airbnb recognizes this and uses it to their advantage.  

What makes it slow in this case is that you don't really start seeing real cash flow until after year five but it's more effective than rentals in that there is little to no maintenance.Sure you can live in a home while fixing it up with the intention of selling it for a nice profit later but I think many people are already doing that and the buyers of slow flips now also have that opportunity without having to qualify with a bank.

Being abroad adds risk to your file and terms will be effected in some way or another.  

Also, your total returns go down without any leverage because you lose the multiplier effect of appreciation.Now, to answer your question.

If you didn't pick a tool that quite obviously works because of a factor completely unrelated to the effectiveness of the product, my course can't help you, ..

This will effect your ability to obtain financing for quite a few years but may be worth considering.  

We understand some investors may not open or read the email invitations for these calls, so we have addressed a more effective process to ensure no investor is left without know about the monthly update calls.  

Net effect, typically, means distributions are not taxed in current year, but do lower your basis resulting in larger tax bill upon sale.Depreciation reflected in the net gain/loss from rental box on K-1.  

Most come out ahead over an extended period of time by buying better quality assets where they perhaps have to leave some capital in the property but find themselves able to sell for real gains or refinance out appreciated equity and scale more effectively that way.