@Julian Buick, their are ways to treat your arrange meant as a "joint venture" instead of a full blown partnership and report on your personal return, but you really need a good licensed tax professional to structure to get you the best tax benifite, a simple return with one real estate investment deal should only cost about $300, with the right structure you'll probably save more in tax than the cost of the professional,  If you private message me I can give you some referals.

Levers are: intrest, term length, down, total pp, repayment structure to think of a couple.

In between time I've been learning how joint venture partnerships are structured where one partner brings in capital or experience, and the other handles project management and execution.

The way REITs are structured nowadays, more than 90% of them are internally managed, eliminating the inherent conflict of externally managed REITs, and aligning the interests of management and shareholder to a much greater degree.  

Hi @Rob Tomko, I'm not sure what your entity structure is but our bookkeeping firm (specializes in REI) usually recommends a minimum of 1 checking per LLC, then more accounts at the holding company level (I like the profit first model). 

With the right structure and guidance, recovery housing can be both a meaningful and financially rewarding addition to your portfolio.This post does not create a CPA-client relationship.

it’s definitely possible, but how it’s structured really depends on the lender and your situation.

By putting the right legal and financial structures in place, you can help protect your personal wealth, minimize litigation risks, and limit creditor access.

And while they underwrote conservatively, they didn't structure the deal conservatively, in hind sight.They have a pref in their deals. 

For example, if you don't have a fence, shed, or other 'other structure' I would reduce that coverage to the minimum.