[Mortgage News Daily, CME]A closer look at active inventoryOver the last three months, we’ve seen year-over-year growth in new listings for the first time in what feels like forever.

This test must be met per activity (you can elect to treat all activities as one).Publication 925 tells us that real property trades or businesses are those that develop, redevelop, construct, reconstruct, acquire, convert, rent, lease, operate, manage, or broker real property.It's extremely important to keep detailed records (daily log, diary, etc.) to substantiate your claim as a real estate professional. 

Practice working out the numbers on many deals, search the market daily for the areas you are interested in.

I thought about being my own GC but that could be problematic if not able to be at site daily.

I have 2 other prospected properties that I also wanna turn into hubs.. and I'm starting a property management company to manage the tenants and I'll be marketing the hubs daily..

They think it's unfair because they only shower once a week but can hear the upstairs neighbor showering twice daily.

Only a few buildings in Sunny Isles allow daily rentals AND some that do have restrictions on the time that the owner is allowed to reside there.For condo hotels (most buildings in Sunny Isles allowing daily rentals are condo hotels) you will need at least 35% down UNLESS you buy in a building that allows monthly rentals, in which case likely will need 25% down as none of them are warrentable.

Has anyone else solved this issue by using some sort of insulation you can put between the joists in the ceiling to minimize the footstep/moving around noises you inevitably hear daily? 

Their inventory turns over daily. 

Here are some considerations and tips to help you make the most of your turnkey investment strategy:Pros of Turnkey Properties:Ready for Rental: After refurbishment, turnkey homes are usually ready for occupancy right away, saving you the time and hassle of doing repairs and improvements.Professional Management: A lot of turnkey companies provide property management services, taking care of tenant selection, rent collecting, upkeep, and other daily tasks on your behalf.Passive Income: Investing in a turnkey property allows you to immediately begin earning rental income without having to take on major maintenance or remodeling tasks.Tips for Investing in Turnkey Properties:Take some time investigating turnkey suppliers in-depth and select reliable businesses who have a proven track record of effective property management and satisfied clients.Make sure you have done your research about the property, its surroundings, the nature of the rental market, and its potential for long-term income flow.Analyze the financials of the turnkey property.Even though turnkey homes can generate rental revenue right now, think about your long-term investing objectives and plan.