@Justin Stryker.  1st:  Contact your MLS customer service and just ask what the differences [with them] are to switch to non-Board Member/Non-Realtor. 

Quote from @Justin Brickman: Long term will always be a great strategy! 

Usually, those "super cheap" properties become money pits, especially if you don't spend the money to fix them up correctly or if they're just in a bad neighborhood that will attract tenants that thrash the place.

Quote from @Justin Brin: Quote from @Zachary Jensen: Generally, losses from passive activity (k1 showing losses from something like a real estate syndication for example) can only offset passive activity.

@Lenita Higgs,A little late responding to this, and I'm sure you already found your answer but just in case, the answer to this (Cash or Loan) really depends on your long term strategy. 

It would be a bummer if you thought they were puting up a 4'x8' sign and they errected a 14'x48' I know you said you got an artist rendering, just thought I would mention just in case.

Quote from @Justin Brickman: Continue to be active on here and stay in the game!

These are the properties we see investors have the most success with (some quitting their day jobs from the cash flow).Purchase: $80k-$130kRent: $1200-$1500ROI: 10-14%Cash flow: $250-$350/doorAppreciation: Double digit (for past 10 years, will gladly send data)Location: C+, B- (suburbs and certain markets)We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, mortgage, Amazon fulfillment, and more jobs.The bad reputation comes from OOS investors wanting $20k D market properties where the condition isn't what it appeared to be and/or the tenants never pay rent.

Justin

@Justine Phillipson: I've been researching turnkey options as a way to get my feet wet in other markets, get some experience with some positive cash flow, then dive into other aspects of investing that we enjoy.