The IRS in its Passive Activity Loss Audit Technique Guide published a sample Activity Log.  

It isn’t anything complicated.

From the lenders point of view, they want to see that you have "skin in the game" that way if you do run into any complications, you'd be more motivated to address them as you are invested financially in the project yourself.Regarding the tenants, I'm a bit less experienced in that regard.

I'm seeing that VA loans can be a little complicated.

It's a great technique when you can do it.

For commercial asset classes, local credit unions can often be an excellent resource for more complicated or unique property types. 

Does anyone have experience in this market, or with this cost-segregation to write off income technique? 

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

One who may not know all of the more advanced techniques. 

Their false promises, inefficient processes, and overly complicated application requirements have been a costly mistake.