The land trustee then becomes a second set of eyes and ears (and a more credible witness when saying a deed was forged), preventing/reducing title theft. 

I advise my STR clients in Colorado to hire a designer if they don't have a good eye.

It had a lot of space hidden from the untrained eye.

I do this in Google Sheets and it gives me a birds eye view on how my investments are performing. 

For example I have my eye on a quad but I need about $170k cash to buy and rehab.

This is definitely something I will be keeping my eye on and maybe an opportunity will present itself.Thanks!

This was eye opening for me on the paper work side of things, at the time it was quite a bit but a wonderful lesson to learn especially being my first deal.

If it is a turn key property managed by a property manager or you have limited interaction with your guests it would most likely be considered passive income and filed on a Schedule E Yes!

Fair enough, I can understand that in the eyes of the lender i’m just a dude about to quit his job looking for a loan.

If I'm going to invest the amount of money required I want to personally be able to keep an eye on the property, and interact directly with those assisting me.