Participate here in BP, on Facebook groups, and go to local meetups.

I do not own any large multifamily and have not participated in any syndication.  

If you are looking to buy the sub $300K all-in cost single family flips or the $200,000 duplexes, you are going to be competing with a lot of market participants.

Or if you are using the home as a short-term rental, you could try to qualify as "materially participating" and use the short-term rental loophole. 

Your Network = Your Net-worth"Been watching Evernest's video's and they share a ton on "everything and anything" property management related so that's been a blessing.Biggest take away when it comes to scaling a PM is to spread the word about what you're looking at doing and to build relationships.Local real estate events, NARPM, IMN, etc...You want everyone to think of you if they are looking at selling or if they know of anyone looking at selling.I use to be "loud and proud" and a huge extrovert but I guess "old age" has got me hahaI prefer drinking coffee and smoking a cigar behind closed doors.But, I guess I'll have to start "shaking hands" and "kissing babies" like a president when it comes to networking again lolMaybe even do a few video's while not wearing any pants heheBig hat's down to Matthew Whitaker for scaling the business so much.I remember spending some time together in Birmingham when he had a decent sized operation of around 1,200 units or so.Now they are 16,000+ 👏HUGE...We initially met as I was interested in selling our property management company in Toledo and now we are looking at acquiring others heheTime flies, things change and life is funny.Thanks everyone for your contribution and wishing you much success

AND materially participating in your rental activities (spending 500 hours or more on your rentals OR 100 hours and more then anyone else OR doing all the work) 

You need to be materially participating in those hours for them to count.

The program had a very small sample size as there weren't many participants + as you mentioned, renovation/conversion costs were extremely high for landlords.For your question, an architect would be a great contact.

--------------The rules regarding 401(k) loans can vary depending on the specific plan, but here are some general guidelines that may apply to your situation:Employment Status: Typically, 401(k) loans are available to active employees who participate in an employer-sponsored retirement plan.

I have some questions about the material participation rules for the STR tax loophole.