I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

There are some home loan options that require as little as 3.5% or even 0% down.

And even here, you still need to be "active" to research who you are lending your $$ to, and due diligence on the deal itself prior to investing your money.

SwissPMG can assist you in your property search, underwrite, acquisition, rehab and property management here in Columbus, OH.

Im bringing 400k myself the purchase price is 10 million its an assisted living facility  do you have experience running an assisted living facility?

I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes. 

I believe Evolve is 10%, but that's because your'e doing your own work and they're assisting you. 

I believe they will let me assist them with managing and helping grow the investments, but am worried about making any moves since I have no direct investment experience of my own. 

Would love any assistance.

Ask for their advice and maybe even something a little corny, like whether they’d be willing to write a letter of recommendation for your lender when the time comes.