:@Karl Krentzel you have devoted way to much time to this convo lol and have blown up my keyword alerts haha  LOL... sorry about that.. just hate seeing people who AREN'T Agents, or REO Brokers answer questions so confidently whilst lacking a basic knowledge of Sales... much less the finer distinctions that are Ethics as well as REO Procedures...

@Juan AriasThe danger in going directly to a larger lender like Lima One is you're stuck with their guidelines. 

But in my opinion, you are entering dangerous territory by picking and choosing who you want to give hand-outs to based on their individual hardships and circumstances.There's a reason why the "big landlords" all operate by the book.

It's actually pretty dangerous that is she living there.

Right now, I do not see great danger though.

However, this deduction gradually phases out for higher-income individuals.Passive Participation Limitations: Passive losses can't typically be used to offset other sources of income, but they can be carried forward to future years when passive income or when an investor becomes an active participant.It's crucial for real estate investors to understand these distinctions, as they significantly impact tax implications and the ability to offset income with losses incurred from real estate activities.

My personal opinion is that it's often not profitable and can be very dangerous to finance 100% of a property. 

Absolutely, we aren't rescuing Earth from intergalactic dangers.

Do not invest in any city on Neighborhood Scouts’ list of the 100 most dangerous US cities.Low operating cost - High operating costs can turn what appears to be a profitable property into a money pit.

A lot of OOS investors, who recognize investment property as a passive play and retirement vehicle (important distinction), not a vehicle to replace their current job or income level, are not banking off appreciation.