You'll most likely still need a coborrower at first, but may be able to refi them out of the deal in a year or two once you have qualifying experience and operating history - then you can likely use all of the rental income towards your gross income. 

Quote from @Cristen Marcotte: Quote from @Jason Sung: @Cristen Marcotte, i wonder how you liked your experience with Your Renter Insurance Group? 

In my experience, 75% of the time, the tax payer doesn't have a large enough liability to justify the accelerated depreciation anyhow- depending on your income and tax bill, it might not matter at all.

What's your experience been like investing with DLP capital partners?

Even though we live in earthquake country, this was a new experience for us.

I saw someone posted about them also in December, I am curious to know what your experience was with them.

I saw someone posted about them also in December, I am curious to know what your experience was with them.  

Anyone have experience renting a Non-Conforming triplex unit that meets Code through Section 8? 

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.

For a truly passive experience you'd probably need to be an investor in private equity deals or be a silent partner on a project.