Yes, the tax status.

Enjoy it in good health!

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

Go get your own (family) health insurance & retirement, it's very very costly.

A good rule of thumb I like to tell clients is that if your activities are integral and income producing, where as if you were not to do the activitiy it would result in the property's financial health being worse off, it should count in general. 

Perhaps we can find a work-around.CERTIFICATE OF GOOD STANDING (aka Certificate of Status): I hate this requirement as it’s simply a way for the state to make money.

If I can tame my greed, and help him truly retire when he is 55 yo with mere $10K CF/Mo (no mortgage but heck the damn health insurance!)

One is having the tax status of qualified real estate professional, which basically means that your primary job is on real estate.

I will qualify for REP status based on STR loophole.  

Ken's not totally clueless, but he's FAR from the "Guru" status he portrays and that's the whole rub to it; the guy with a tonic to ease an upset stomach saying it will cure ANY/ALL ailments, regrow limb's, lol.