You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.

For 5+ unit properties or commercial it is not as high.5.

high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.

Hey Jadan,Here are some high level thoughts:1.

The tried and true version is pulling a list of properties whether you're targeting distressed homes or high equity homes in which case you can pull on something like Propstream or Propwire, you can skip trace through them or someone like Prime Tracers which has a pay as you go system. 

Most agency loans will expressly forbid such an arrangement, so if they found out, the odds of having the loan called would be very high. 

. - The people that are monetized on actually closing deals are all saying this thing is highly implausible. 

I am not a fan of concessions as I believe that it will attract lower quality, shorter term tenants.

@Lillian Pintaro - you are correct for high end MFH here. 

It's probably going to mean paying points at closing, a high rate, and a serious pre-payment penalty (like 5 years).