You can not deduct the down paymentYou can deduct any costs you incur to upkeep the property(Repairs, insurance, taxes, depreciaiton, etc)Whether you can offset the rental loss against other forms of income depends on whether the property is considered active or what your income level is.

Depending on your relationship with the person and the trust level you could always offer to let the project manager put cash into future deals to increase their percent of the profit.

@Shawn Carrico-Phillipsit's tough to answer this because it will depend on your own goals, values and preferences.but as you may have noticed, it is very, very difficult to cash flow right now on long term rentals with conventional debt. 

They will vary between auctions.

You may only need 5 properties or 20 properties depending on your lifestyle.

The ones I built were all OSB or plywood, depending on what you want to pay for, but never have I seen particle board or a steel frame.

Depending on how close to the college the property is, you may also have constant turnover. 

Whether you can include rental loss in your tax filing for the last three months of 2023 depends on various factors, including your specific circumstances, the type of property you're renting out, and the applicable tax laws in your country or jurisdiction.

Like I said above, title companies will rarely call you directly unless you've been working for years as an LSA so you have to depend on signing services.

Depending on the way the note is structured, it’s currently between 4.5 - 6%.