"Frequency" Real Estate Investors generally want to avoid being classified as Real Estate Dealer because the gains from sale are taxed as ordinary income and you don't qualify for 1031 exchange. 

The large metro areas continue to grow outward, and for developers interested in building subdivisions needing larger tracts, the raw land on the outskirts of the city is frequency zoned agricultural (and actually being used as such). 

The frequency is specific to the child and condition.

For me, annual leases for students was a nice middle ground for me where it was still a year lease and there is turn over, but not at the frequency of a true MTR.

There are a number of factors to consider, including the volume/frequency of flips, but the IRS generally considers this to be an ordinary business (not investment) and subject to self employment tax (roughly 15% in addition to income tax). 

Frequency, frequency, frequency.Instead, focus on buying a specific show...say, Seinfield.

Thanks @Adrie Moses-bailey The timing/frequency of the distributions generally does not impact your tax situation with a partnership.

It still happens but just at a far less frequency...as in one per day in an area with 18 million residents and perhaps one million are qualified buyers/investors/lenders on any given day as your competition. 

But if you're not analyzing with a high frequency and submitting offers you aren't there yet. 

Factors like the frequency and duration of business use versus personal use, record-keeping, and proper documentation become pivotal in determining tax deductions and minimizing potential tax liabilities.