Although it depends on your state's and brokerage's specific guidelines on accepting referral fees, there are some exceptions to RESPA's coverage that were updated August 2023. 

I'll test it out.

You can, and should, interview them and ask them all of the appropriate screening questions - but you won't be able to "test" them out without contributing significant capital as part of your test. 

But the company adjusters and 3rd party adjusters are for the most part out to pay as little as you'll accept, or outright deny your claim.

While this is efficient there are inherent statistical inaccuracies that must be accepted.- Take time to understand what your PMC is doing and ask how much they can modify to your liking. 4) a PMC can't be everything to every owner- If your PMC refuses to address the above or their answers inadequate it's probably time to terminate your relationship with them.

The main qualification is the debt service ratio and what the lender considers the minimum they will accept. 

Reach out to a few and see who is accepting new clients. 

hopeful he accepts so I can learn from him, as you did.Looking forward to speaking with you soon!

Also this property is off the market ive looked on zillow, realator, etc If you are looking at off market, typically you would do your inspections once an offer is accepted, not before.

Some cliff notes:REP status requires 750 hours in real estate activities, and then after you hit that, the test is materially participating in your rental activities.If it is a short term rental with less than a 7 day rental period, if you materially participate, which could include at least 100 hours and that is more than anyone else, then yes possibly can use the bonus depreciation against other sources of non-passive income.