(Supplemental) We also partnered with investors for the cash needed at closing, and to operate the asset.

It always seems that a few dedicated, comitted people make all the difference, in a previous life I was quite involved with one on a nationial level, the implementation of DSHEA (dietary supplements and health and education act) 1994.

The K-1 info would be reported on schedule E, but in the supplemental income section as a net income(Loss) from passive or active activities.

From a non-financial standpoint; many people's ideal goal with real estate is to create a revenue source that would either supplement their lifestyle or provide the freedom to leave their W-2 jobs.

And then there is the BRRRR strategy where instead of selling to get the added value one refinances with the bank retains the difference.My goal is to supplement my retirement with income from rentals.

If the person loves their career and is looking for a retirement supplement and to create long-term wealth (and can eat the negative cash flow/has the cash reserves), then I think the equity play makes a lot of sense.

I have zero experience in real estate, and I'm interested in learning how to successfully cash flow buy and hold rental properties to supplement my income and provide for a quicker retirement.

@Christian Wathne I was thinking maybe go half towards brrrr to supplement cash flow and support my dream of a farm and a RV park in wine country.

I give them a supplemental payment every month to make up for the extra use.  

However, The CARES act that prevented evictions and adds supplemental unemployment expires next week.