Why I say this is because if you setup a joint venture, all partners need to be active.

Another option is TIC/ Joint venture with an experienced apartment investor.

As part of my divorce in 2018 (the prop was Joint Titled husband-wife) I sold the prop not for the $1.5 MM AND $1.8MM offers I had (because my ex-wouldn't cooperate) .

OR 200k individual income or 300k joint income.https://www.investopedia.com/t...

Someone opened a "gourmet" hamburger joint in my town two years ago.

Do you have any recommendations on how to structure a letter to see if they would all want to joint venture a development?

This seems implausible, this minority would burden the system for things they "want" but don't "need," think of if I am perfectly healthy but walk into a VA hospital on a weekly basis for some optional cosmetic procedure that isn't medically necessary, this burdens the system and isn't fair to other veterans that may have genuine needs that aren't being met because of me, so generally it's safe to assume the VA will try to minimize this activity.

If you're employed with a W2 Salary and are investing in rental properties under a LLC (disregarded entity), would you even be able to make deductions if they add up to be less than the standard deduction on your personal return, $24k in my case as I file a Married, joint return?

Joint Ventures

Things like Flooring installation pattern may seem minor but having joints that match up every other board is very poor installation and can have a devastating effect on the look of brand new floors.