Deegan and @Arda Bircan There are technically 7 Tests for Material Participation (but 3 that are most common) -> the individual 500 hour mark, that the activity of the individual is substantially all, and that the individual participates more than 100 hours + no-one else spends more time than them.Litmus Test: Are your hours integral to the operationsThe hours that qualify must be substantially all hours and have a legitimate impact on the rental activities.Activities that generally count: showing the property for rent, taking tenant applications & screening tenants, preparing & negotiating leases, cleaning & preparing the units for rent, repairs, and improvements, managing the construction, purchasing supplies & materials, inspecting the property, responding to tenant complaints & inquiries, collecting & depositing rents, evicting tenants, writing & placing advertisements, and working on your websiteActivities that don't count: education & research, investor-type activities, and travel time..

Zillow (make sure to mark it as a room) 3.

@Mark Fries that wasn't helpful at all.

And if you're wondering, the mentorship program we're part of is Think Multifamily with Mark and Tamiel Kenney.

@Mark Sinclair in general, we recommend S/F pool homes, or town homes with pools over condos.

You haven't satisfied his "hot" button, whatever it may be.

@Mark Enis this is ENTIRELY dependent on the loan product you are using. 

Thx :) -Mark

Underwriting from the lender dug deeper on this one as this marks my 3rd active mortgage.

Quote from @Mark Jajowka: Hello everyone, wondering if anyone has been in this situation before.