It only works if your itemize in your personal return. 

I am willing to work for free, all I ask in return is experience.

Hi William,I recommended revising your return goals from a cash flow per door to a ROI.

If you can get 100% financing, will its rent return cover both the mortgage and its other ongoing expenses?

I want to improve communities through new development and make it affordable while also making great returns as well.

You'll only see depreciation on your financial statements and your tax returns. 

The lenders I get loans from that don’t require W2s or tax returns are national but $40K is below their minimum.... otherwise I’d help.  

Looking for ideas on a Debt investment.I have $20,000 to invest in a debt fund or with partner. 8% + return, 6mo-2yr tie up.Prefer seasoned company with many successful deals to their credit.Non-Accredited, SDIRA acceptable.Thanksps: I am not looking at this time for anymore equity investments

Understand what that MAO is and make the offer that gets you to a point of healthy returns & cashflow. 

Joe,What has been your return on REI?