What you're paying is fairly market given your experience level.Are those friends working with private, individual lenders as opposed to funds?

You might simply be outbid by individuals who can put down 40% or more.Consider looking at asset classes that aren't in a feeding frenzy right now. 

Even if you like a certain individual, you'll want to talk to others just in case the others have a certain skillset that you need. 

How much of that loss flows through to your personal return will depend on numerous other factors, so it is not a clear-cut yes / no.If this were just a single family home you were not renting, there is no depreciation.  

Don’t think so, each property is treated individually. 

Pictures work wonders and numerous studies have shown that pro photography pays for itself many times over.4.

I don't know the individual you mentioned for possibly mentoring you, but these are some basics to find out from them before you put your hard earned money into a mentor."

I would go for individual awnings, no need for an entire long covering.

Understand that there are two different kinds of "private" "lenders" ...The first are as you're probably thinking: individuals in the business lending out their own funds on hard-money terms.The second are lesser known / understood: people you already know - friends, family, neighbors, etc. - who would be willing to invest in your deals for a return on their money.

Any suggestions or trustworthy individuals?