You should actually do that when you invite them to sign the lease.

After trying to explain my thinking, and failing, I invited him to hit the road.     

I can invite you to one meeting free.

Thank you for the response, I appreciate the invite.

2) Assuming we do claim "material participation" and count these as non-passive losses, how likely would we be to invite an IRS audit?

It could be an issue in the future especially if the tenants were to invite an inspector into the garage

There is a lot of knowledge, but it is a relaxed atmosphere (not intimidating).  

Take the time to explore all the resources available to you.Networking is how to succeed in this space and as such I wanted to give you an open invitation to feel free to reach out to me at any time.

You may want to skip on the mortgage brokers and try working with a lender directly (i.e, I'd take @Joseph Scorese invitation to reach out).

Welcome Ezra,I would like to extend an invitation to join our REI meeting on May 26th at 6:30 PM at Dirty Dave's Pizza at 3939 Martin Way East in Olympia, WA 98506.