For example, if I had a borrower's tax returns with rental income, but did not show any rental houses on my assets, I'd attach a sheet saying something like, "Rental income on Schedule E of 2015 tax return was from house located at 123 Elm Street, Small Town, USA.

@Brian E. - Hi Brian - I'm in the same situation right now.

Also, the tenant has the option of delivering the rent directly to me if they know the e-payment will be late. 

I am trying to think of a creative way to put a property "in service" to be able to claim schedule E deductions.

Thanks @Hank Silva@William E. - interesting idea but unfortunately it wouldn't really work in the space.

If adjusted gross income is over 150k, no loss is allowed on schedule E, unless you are a real estate professional.

I think that would be a great start, they need buyers, perhaps after meeting or speaking with you, they will put you on their e-mail list.

I got an e-mail from a fellow investor who asked me "what if anthing will[  I  ] you get out of being a member of a 501 ( C ) 3 non profit tax exempt group of land lords.  

I'm purchasing in E York.

There are number of posts available about E Cleveland and the inherent risks.