If you're an LP that meets the requirements for REPS, but you're not materially participating, losses generated from bonus depreciation is unlikely to help you offset non-passive income. 

What are some creative revenue generating strategies that you all have explored?

Sounds like it could generate some good monthly income, but it could also be a hassle being that far away and only 1 property.Yes, but we have friends in Fairhope that manage rental properties so we aren't as concerned about that. 

During this time you are not generating any return from the money invested in the ADU.

It’s simple.The real challenge lies in lead generation.Specifically, in generating motivated seller leads.To succeed, you need to focus on being found by motivated sellers.

It’s a popular way for new investors to dip their toes into real estate because it allows you to generate rental income while reducing or even eliminating your monthly mortgage payment.While house hacking can be done with single-family homes (by renting out rooms), multifamily properties, such as duplexes, triplexes, and fourplexes, take the concept to the next level.

His goal is for members to generate a retirement starting in 5 yr's or sooner.

A person that’s just looking for a property from time to time Brrrr would not be able to generate off market deals very easily without prior experience, etc.  

These strategies can maximize cash flow, reduce living expenses, and generate potential returns.Good luck!

Compare Savings: Subtract the prepayment penalty from the potential savings generated by refinancing (e.g., lower monthly payments, reduced interest rates).