According to what I have read straight from the IRS website and other places, we need to either meet 500 hours, or at least 100 hours and also work more than anyone else on the property.

I did not read anything other than your title and my answer was YES.

After reading your post, it makes me want to try it on my own first.

I read about a 1091 exchange and if i reinvest my money into another property within 6 months then ill avoid paying the taxes on it. is this a good plan, if not do you have any other suggestions.  

As you read these books, watch the BiggerPockets podcasts.

I’d appreciate feedback from experienced investors!

I actually read the find print 0.28 per 1,000.

I’ve not drove up to Sherman yet so didn’t think much of it until I started reading about the chip factory going in.

Your reading of that section isn't exactly what I would take away.

But what made me think about it for you as I read your post is the LULA feature.