So I assume you can not carry forward unused depreciation?

Seemingly, a flawed personal life doesn't necessarily carry over into business dealings.

In both of your scenarios above, the 10% preferred annual return is cumulative, meaning if there is not enough profit for distribution in any year to reach 10% annual return, then the balance is carried forward to subsequent years until it is paid, correct?

Its ironic to me that they will lend freely on one rental where you are solely depending on one rental check but when you diversify and have multiple rentals that could easily carry 2-3 vacancies they no longer want to lend.  

I may sell a property and carry the note myself, it's with a neighbor (a couple, a detective and an IRS agent) okay, what's the risk (slim and none for me as they are asking for the deal).

While many still dismiss the issue of sea level rise, the military is actually taking it seriously, and this lecture was for future military leaders currently attending their Masters program, so you'd think even skeptics would agree it should carry some weight.  

So with an excel file you can easily and quickly sort the data with the following suggestions;The apartments, townhouses and condos normally carries a slightly different property ID with some lettering included.

The County drain commissioner had no issues with me connecting the new construction in the same manner.

The white paint and the OSB used on the sub floor tell me someone has already attempted at "restoring" something and the mold could have easily not been addressed in a professional manner. 

You might add $1600 in rent, for maybe $80k in cost to an existing property in this manner.