Are you referring to personal losses or other people had losses?

True, converting a personal Schedule E to a partnership will indeed reduce your IRS audit chances, statistically speaking.

Personally CA scares me. 

Lenders often include a portion of the cash flow in the investment property as income to you personally to offset the DTI. 

I personally have no connections with anyone who is involved in this niche and I'm wondering how other people have started their journey.

Personal criteria, building criteria and area criteria will all affect the way a deal appears on paper. two 100 unit apartment complexes, one in an A area and one in a C+ area will have very different financial breakdowns and interest groups.Want to know if a deal is good (for you)?

I bought this property with a private interest free loan from a friend. the person i bought it from need cash fast so i offered them a low cash offer and they accepted.I had enough money saved up to rehab the house with my savings.

Some will shed most is not all of their rentals and just do lending .. personal choice.. some things to keep in mind ONLY do first loans. 

While Facebook Marketplace isn't the sketchiest site (craigslist), I personally would never give my ID across it.

They seem to be a reputable company, but nothing beats personal testimonies!