How do you define "paying for itself?"

It could take some time to locate a good BRRRR deal in a competitive market, therefore it might be worth looking at house hacking as a quicker solution.Financial Objectives: Clearly define your long- and short-term financial objectives.

What components to a car lease (including max miles for the duration, etc.) are important and what language is critical in the rental contract to ensure we are protected?

We manage over 650 doors and ShowMojo has been great in streamlining that process and scheduling showings in pre-defined time blocks.

Portfolio expansion is really defined as an increase in cash flow. 

Ok, so we really have to define "private lender". 

For most that's not a legitimate investment, and they define it as speculation.

I think we both have the same aim in this forum, which is to share our experience and information and help people buy real estate with the lowest risk possible, provide factual information and help define options.

How does the IRS define the boundaries of material participation and how stringent are they in enforcing these rules?

A cost segregation study will assess that value of the components of the property you purchase.