They buck the passive rules for 469, and are considered active.BUT - As with any other business, to deduct the losses the owner must materially participate.Material participation is achieved by:1.

Quote from @Susan McBride: What are you trying to achieve? 

It is November 25th and there is only about 35 days left in the year with a lot of professionals who take off the last week of the year.Given that information, you will likely need to buy a poperty with a quick close to achieve what you are looking to do.

I know Dan Deppen and Chris Seveney both have membership style organizations.  

Also, achieving the 2 percent rule in my local market is near impossible but could be achievable elsewhere.Thoughts?

How quickly do you think you can achieve it?

Should match many different styles. 

@David HudgikBuilding passive income through real estate can be achieved through various investment strategies.

Our goal is to start and grow our portfolio to achieve financial stability, more family time, the freedom to take vacations, and the ability to live life on our terms.

If you are willing to sacrifice part of your life style, you can always consider living one room/unit of the house and rent out the other vacant unit out to lower your monthly mortgage payments!