Maybe it’s bad business on my part, but I’d rather lose a few weeks or a month and make sure all is well with the property.

That being said, there is a reason why people say that you make or lose your money at the start, on the purchase.

House hacking is the term used on this forum.These two examples are low risk first moves that will allow you to get your feet wet, you might not make millions of dollars on them, but you also aren’t trying to flip a house in 3 months super leveraged (meaning a lot of debt), where you could lose everything if your inexperience makes you underestimate a cost, miss a zoning law that affects your success, etc. the list goes on.

Looking back, I realized I was hoping to hit a hole-in-one on my first attempt to play golf (I hope I didn't lose you on the metaphor).

What I made per hour on that flip is not what's important, it was each of our first flip and we didn't lose his money. 

I'd ask your CPA/atty, but if you used it to exempt income, you'd probably lose with the IRS and your state.

Don't lose hope.

I do feel for the Chinese, when their RMB fluctuates they can lose value from 3-9% in a week. 

This would be like purchasing shares in a REIT.In a syndication, investors own part of the asset and get all the benefits of owning real estate with no management and with crowdfunding you also have no management but lose those benefits of actually investing in real estate like depreciation and leverage.

My wife said that after I made the rental comment, he probably was going to lose my number real quick.