(you’re going to spend too much on these and it’s risky.)b.  

I have a rental property in Detroit that I am looking to get certified, and have tried following the process on the Detroit Housing Commission website (https://www.dhcmi.org/landlord-faqs), which says " To list your property with the Detroit Housing Commission (DHC), you can visit DHC’s Assisted Housing Division office located at 2211 Orleans, Detroit, Michigan 48207.

If you are setting aside funds for capex, taxes, insurance, or other expenses that don't occur monthly, transfer those funds to Savings each month and hold them there until it's time to spend them.

Is so watch out for trip hazzards: if they need government assistance in the future there’s a look back period where the government will want that money.

If you ever need help, I’m happy to assist!

I assist investors in locating properties that fit their investment needs in DFW, TX and Birmingham, AL; so, this thread has been very beneficial!

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

I have a great job that I love and currently do not need to spend the cash flow from the properties. 

Would be glad to connect and see if I can be of assistance!

The more time you spend talking about other options and try to build up the negatives, the less time you are spending on what you fell are the positives of your own idea.If you believe that you are onto a great idea using L2P option contracts and forming partnerships where someone else provides 100% of the money while you provide 100% of the real estate-related functions, then start it up and make it work.