I did raise my prices for Spring and Summer (pool will be open in 1 month!)

Partnership or Syndication: Bringing in additional investors or partners could help you raise the required capital.

You raise some excellent points regarding DSCR loans and the broader economic context.

Please let me know how you found and how you would go about finding some today.Thank YouGene I was on a call yesterday with someone who raised close to $100M last year and was sharing their marketing experience.

There are 7 material participation tests and these are the 3 most common for real estate investors AND you need to meet one of them: Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doAnother way to offset non-passive income (e.g.

Born & raised in CA.   

If you meet this first test, you are a REP...now determine if you can use the benefits of it.2) if you or your spouse meet test 1, THEN you can make an election to combine all your RENTAL activities together for purposes of determining if materially participate in your rental activities.  3) So you met test 1, made the election under #2 - now you see if you materially participate in your rental activities. 

Here are the ways you can qualify for material participation per IRS publication 925: https://www.irs.gov/publications/p925#en_US_2023_publink1000...Material participation tests.You materially participated in a trade or business activity for a tax year if you satisfy any of the following tests.1.

The benefit of going conventional is being able to purchase an MFH without the stringent property guidelines, self sufficiency test, and longer escrow on an FHA loan. 

Sound contract management alleviates a lot of the concerns you raised.