If they do give you a credit card use it for one small purchase a month and then pay it off every billing cycle - do not carry a balance.

It is my understanding that passive losses/depreciation from "any year" can be carried forward (On I believe form 8582) to then offset passive income whether it be capitol gains OR depreciation recapture. 

Yes, lots of structures, Fee based, % based, or equity carry. it all depends on the risk, the leverage, and the value add to your project.

So much gold in that book, teaches you not only about multifamily syndications but also how to vet out operators

I would send an email saying they need to return the call as you have been trying to contact them and would like to discuss the asset. 4 weeks to rent is not a long time (unless you carried only 5% vacancy in your proforma).

Read blogs, post questions, and the podcasts are gold!

I have enough to put 10% down and was hoping to convince my landlord to carry the other 10.

I also think looking at a local market to determine where things are heading could be gold to buy in a d neighborhood that could potentially turn into a B or even a A class in 10 years.

 - actually, we started out with the notion that the seller might be willing and able to carry some debt.  

I'm talking more specifically what you drive around tenants/prospects and especially want to hear from those that drive nice cars to "work".And I agree I should be able to roll up in a gold plated diamond encrusted Lamborghini and it have no effect on weather or not a tenant does or should pay the rent, but some people may not look at it that way.