Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.

For example, one exemption is tied to your total revenue which is $5M in gross sales or receipts in a calendar year. 

We should also never have a revenue stream and make money off a tenant's security deposit.

There is life stages to investing, and the math is clear that strategic debt use, strategic leverage, pyramiding, appreciation, is the wealth generator. 

I am sure there aren't many comps that this would generate.

If you love property management and want to start a business keep looking into it.Otherwise keep buying income producing properties to generate wealth.

When you invest in 1-4 units residential property in the Bay Area, you are investing for the appreciation or value-add potential because most properties don't generate positive cashflow.  

I'm passionate about real estate and how utilizing this asset class can enable me to build generational wealth and retire early.

They just generate chlorine at a constant rate depending on the system setting.  

Based out of Manassas, VA here :) The 750-hour rule is part of the IRS guidelines for qualifying as a real estate professional under Section 469 of the Internal Revenue Code.