BUT I won't be able to offset the cumulative $150K losses against my earned W2 income?

I am leaning towards the NNN lease, with the fact that we would get a substantial, reliable monthly cash flow in rent to supplement our earned income and delay any need to dip into our assets to support our anticipated early, partial retirement. 

I disagree with the posted above saying 50% for you is 'very generous'.... not IF you deliver the kind of stats that we do....we earn it and still give the investor about the same return they might make with a traditional PM, with a lot less worry and work on their part.

This means that you worked long enough – and recently enough - and paid Social Security taxes on your earnings.

At that point, you have more money and are earning more money so banks will lend you more money. 

Ultimately, the more sophisticated and wealthier you are, the more options you have to invest your hard-earned money.Let’s add to your education in the space today with a simple definition:Accredited investors need to satisfy one of the following criteria:1.

@Emma Powlin I would recommend using contractors that have earned the accreditation as a Certified 203k Contractor. 

We're a volatile state, so buying at the peak to make a little bit of money isn't worth the equity bath.

Its my hard earned money, easier to lose and so much harder to earn.

And, as famously said in some book "a dollar saved is better than a dollar earned".