These rules restrict the ability to deduct losses from passive activities against other types of income such as wages from your W-2 job.

I’m curious your thoughts on this aspect of multi family, at least in my market & I think this is relatively true thoughout the country, most small multi family tends to be in the city and for the most part in frankly not greats areas of the city (could do a whole nother post on this history of zoning) as cities decline & specifically c & d class areas seem to being hit extremely hard, I wonder if small multi falls into this strange gap where it’s not really profitable for investors but is increasingly unappealing for owner occupants, house hacking types?

Im actually just finishing up on an ADU down the road at a different property so that may be a good indication if I can finish it quick enough to see resultsI also was thinking of making the barn a combination of both and make it like a bar themed loft for a guys / bachelor trip and build the simulator in with the living room as it can double as a projector type screen for netflix ect. 

The condition of the property, if the property is coastal, fire protection for the town, what type of renovations are being done often will determine the Market we use. 

You can type solar in the magnifying glass in the top corner and find enough threads to waste a day or two on. 

I should have added that we know returns can be better in other types of investments but we have really enjoyed the personal usage benefits and the ability to share the properties with friends and family ..

Popular choices include Katy, Fort Bend, Spring, and Cypress, all offering excellent schools, a family-friendly environment, and affordable housing.

These types of owners are cash to pocket folks.

More generally, the splits and structure should be determined by the GP's role,  contribution and what type of value is being brought to the deal and/or was created prior to the inception of the partnership/syndication.

That being said each city has different approaches to this type of thing - so, yes, we are aware of cities that are not as friendly to roommate housing and avoid them for that reason.