It seems I am lossing money.:( Is that right? 

We're starting to see the fallout from this - borrowers cant exit deals without taking a loss but are refusing to accept this.SC seems to be doing OK at the moment, but Louisiana is seeing price declines.

Failure to adhere to the strict requirements of notice may jeopardize your case and cause unnecessary delay in the processing of the eviction.

I see the benefits in it, but not at my current position, I have lots of losses currently and do not need that benefit right now.

When you pay cash for a $400,000 home and rent it out, your rate of return will likely be less than 6%.You could invest in stocks and earn 7% or better.You could put the money in a high-interest savings account and earn up to 5%.I don't understand why anyone would pay cash for real estate, erasing many benefits that increase the rate of return, while exposing themselves to the risk of loss (turnover costs, bad tenants, capex, etc.). 

In southern Florida I fund and profit / loss is 50/50.

@Seidy Lasker Wash sale rules apply to stock options if they are deemed "substantially identical" to a security sold at a loss within 30 days, such as options with similar expiration dates or strike prices.

Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

I am very sorry to hear about the losses that others have experienced. 

There are many people that FOMO bought in the last 18 months and are desperately trying to get out now at decent losses.