I personally like the long term depreciation play since it shields rental income.

Am I just playing the semantics game or is there a valid difference?

@Ryan Donohue Excel is incredibly powerful!

Once that switch is flipped they don't seem to be able to give up whatever power they thought they had and it can cause a lot of problems with the new management style.

Assuming DTI is most important, I’m not sure how savings/downpayment play into it.  

Marcus Simon which neighborhoods are you playing in?

Since the power is off you must assume that the electrical system needs repair.

Within the entity, units or partnership interests are "owned" typically in the same proportion to the profit split or contributed capital.If the syndicator has enough folks to fund the deal with that structure, more power to them, but it's not scalable.  

Your credit eligibility does not come into play here.

If the business is profitable, you can also issue dividends tax-sheltered to the retirement plan shareholder and make new deferred contributions into the plan.It is a very powerful tool, but considerably beyond something that makes sense with $13K.