Quote from @Royce Running: There is such a wide array of answers on this topic and partnership with GCs and investors.

@Michael Swan  one reason you are getting this folks reaching out to you is that BP is a basically begineers website.. granted there area a core of experienced folks here like a J Scott and others.but the vast majority are trying to start their investing careers and they come here for free adviceand boy you can get a lot of it...

If a maximum tax deduction is your primary objective, find something that is vastly overpriced and will lose money from now on. 

Many of the materials available here on BP were written several years ago in a vastly different market and no longer really apply today.

So the vast majority of Americans don't want to rent a flat that smells like smoke inside.

The vast majority were unqualified homebuyers looking for 100% financing, downpayment assistance, etc.

Repairs and maintenance eat up the vast majority of the cashflow.

‘I agree the vast majority are small investors, or new to passive investments.  

There is a vast amount of ways to make a living and build wealth in Real Estate

Between the two, you’ll cover the vast majority of guest traffic without adding unnecessary cost or complexity.