The 35 year fixed rate term eliminates refinance and interest rate risk, the non-recourse feature eliminates personal and contingent liability and the cost, if amortized over the term of the loan, is typically less costly than having to refinance your loan every five or ten years.

If there was a little more cashflow, would it eliminate an argument here or there about what brand of laundry detergent to use or to use hot or cold water?

Thats $1000/month for ONE room.It does require a furnished home but you eliminate the chances of long term bad tenants and can get paid more than what you intend your rent to be.

"SellScore" This eliminates static list.

I guess I'm wondering if there's a way that you can 100% eliminate checks / non-electronic payments.

A debt snowball is a great first step for eliminating debt, which improves the credit score.  

Those items are currently deductible and, in addition, not subject to depreciation recapture later on.Ryan, it is common for CRE investors to use cost segregation to eliminate passive income and not uncommon to use it to offset earned income for those with the real estate professional status that you mentioned.

Now the scary thing is I just heard is that they are thinking of eliminating this tax loop hole for investors. 

Its convenient for me because it eliminates the need for me to maintain the property, the tenant/buyer would have to take care of all repairs, and I have no debt.I can't owner finance an apartment complex, so theres a chance my phone will still ring because something inside the unit broke, and I won't be able to purchase many complexes cash, so I will have debt.

So, I can search specifically for shortsales or eliminate them from my search.