To do that, as long as you don't hit any of the standard tests (just google "material participation tests" to find the 7 tests), you are passive, and you can offset that income with your other passive losses.It will all come down to the nature of your involvement. 

Today, my facial hair is all white and more then half of my hair is white.

In the past I got houses that were move in ready so I did inspections as natural course. 

If you are adding value to other groups you'll have doors open that allow you to learn the ropes on other people's deals vs on your own and potentially losing a lot of money and getting way too many grey hairs and wrinkles ;) The 5 Key Partnerships You Need in Real Estate 🏘️🌟 Mark your calendars for Wednesday May 15th, at 1 PM EST!

I'd be more concerned about natural lighting (large windows $$) and creating a space people actually want to rent. 

And naturally the more you work with like-minded investors and agents, the more your network starts to expand and momentum is enormous in real estate. 

They may seem great on paper, but might not come to fruition based on the nature of the investmentGood luck 

.🧘‍♀️ And here's the kicker: hobbies are like natural stress-relievers.

You'll naturally meet  people who want to get rid of their headache, I mean house, that they inherited. 

If you got natural wooden cabinets, A new coat of Powder Blue will make them pop—just make sure you strip the old paint first.