Depending on your level of income from those investments, you could be better off biting the bullet and accepting the ordinary income classification while exploring SE limiting strategies like forming an S-Corp.

Investment Info:Single-family residence buy & hold investment.

@Paul @Paul Hurtubise especially family, it's not a law and you can do it yourself, but yes record a second deed of trust if you want money from them.Good Investing...

These could include single wide's as well.Thanks everyone!

What about 80% on an investment property? 

I'm glad the community was able to help you make a stronger lease to avoid issues later in your investing career and that everything worked out for this situation.

When I return, I will finally take the plunge into RE investing. 

I have seen one bad investment over the years as an agent/investor, and it is easily a home warranty company.

I'm assuming this is a conventional investment property loan though?

I've put together this excel document after reading Brandon Turners "The Book on Rental Property Investing".