One of the easiest ways is checking off market Facebook groups in your target market where a lot of deals are posted daily.

@Tiffany Da SilvaAt the bare minimum, you should do the following to make your bookkeeping easier:1.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

It really depends on your specific situation.It's good you're thinking about the operational and bookkeeping component for your financial account structure to make things easier on yourself and any financial team members you have or may have in the future.You're ahead of the curve!

So if you have good credit and cash, it makes starting any type of business a lot easier. 

Instead, target sellers who have an actual problem, sincerely engage them to learn the specifics, and then solve their problem (and ideally get paid)!

As mentioned above, they do have systems and reporting programs that make the report easier for you to understand.

Plan to rent the property by the month, targeting traveling nurse/Dr. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

And as a builder don't you have a prefered lender who is easier to work with that you refer cliente's to.