This Influence System was designed to reward those users who engage and give back to BiggerPockets.At first, the system was lauded almost universally by our members, but at a certain point in time it started to become a point of contention.

You have to weigh the risk against the reward.

Interested in thoughts about risk and reward when it comes to passive investments.

I think I have managed to wade through numerous threads and postings on other sites about the ins and outs of deducting vs depreciating costs associated with putting my property into service.My understanding is that any and all costs...even if they would typically be deductible repairs were my unit to be currently rented or in-between renters must be rolled into the basis of my purchase and subsequently depreciated.

Calculated Risk = Reward.

With numerous bank related issues pushing the calendar date farther and farther.The deal starting at $182,500.

The risk is high and the reward is low.

Did you think through all of the possible scenarios ... falling home values, insufficient cash flow, breakup with partner, rising taxes and other expenses ... and determine that the future rewards (operating profits and capital gains) were worth the risks?

I missed a few key points, one of them being a roommate vs a full house tenant.Perhaps, it may be extreme, and I see your point, which is based on your experience on being on the other end of the arrangement.This particular person is self employed, has no prior landlords, is hesitant on filling out the rental app, and is in a rush to move in....I definitely know I am bias after having the numerous episodes I've gone through as a landlord throughout the years, and in this particular case I would run this person through the ringer if not just deny them outright....Although this is a little different in a roommate situation, as a Landlord you have the professional obligation to thoroughly and completely checkout their entire story especially when its off to begin with...If they dislike it, then perhaps they should get their life together. and was this really the person you wanted in your place anyway?

Wow, you would be taking on a lot of risk for nearly no reward.