It will still be reported on your personal tax return.

Personal money How did you add value to the deal?

.: Quote from @Mike Dymski: Government actions are unpredictable and scare me the most. 

Do you think they're worth the investment, or do most buyers still prefer in-person showings? 

We don't allow links to your personal page or any other form of advertising yourself or your business.

And if they don't deliver, you need a truck and an extra person.  

My personal goal is to build a rental protfolio, but I'm open to anything.Thanks in advance. 

It sounds like a single family house where you will be living in the house(personal use).Therefore, you may not be getting the tax benefits you think you are.Consult an accountant.I am not sure why your sister would agree to this as well, she is losing $170,000 in this transaction and she faces the possibility of you increasing her rent.You also have to charge market rent or close to market rent or it is all deemed personal use.

Over the years, with personal investment alongside investments from family and friends, I’ve been able to build a small portfolio of apartment buildings with a focus on cash flow through strong operations.

A new person moves in and she says the upstairs neighbors are creating a ton of noise.