Try to distinguish between good operators giving advice and those with something to sell.

It can't distinguish between nice or ugly, a factor that a prospective renter may pay more or less for.When my clients call me to suggest a rental price, I use several tools to make that determination. 

There are lots of ways to be involved in real estate and it's impossible to know all aspects oneself.   

@Noah Condon,I want to add a few thoughts here before you set up an entire REI model on flipping that just happens to be structured in a way that let's you navigate around 1031 exchange rules:The IRS wants to clearly distinguish between "dealers", such as residential home builders, and long-term investors.

It is definitely not my intention to take us down that rabbit hole.But to really answer the question (why it morphed just to TX law I have no idea) you can't  just distinguish a cited case because the facts differ from those in OP's pattern.

Your reminder about the importance of familiarizing oneself with these rules is greatly appreciated.Your experience and knowledge are invaluable, and I'm grateful for your willingness to offer assistance.

Hi Scott, The biggest distinguisher I've seen is that they must accompany the person at all times.

Rubbish.Real estate did crater in 2008, alleged rent control randomness has nothing to do with not being able to extricate oneself from the situation once it starts (or pandemics declared so free rent, etc.), and try searching the internet for "activist investors" before you say that the only choice is to not invest.

It is a reminder that, no matter how daunting the obstacles may seem, with unwavering determination and a belief in oneself, anything is possible.

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