The only place I might disagree is the use of Pex on a raised foundation, particularly in a rural area.

SDIRAs have pros and cons, the biggest con probably being UBIT (in the context of apartment investing).Neither of these on their own is going to get anyone to the point where they're retired and living on cash flow.I'd say focus on doing your deals and raising your income while not raising your living expenses, then the rest will follow.

You can, and should, interview them and ask them all of the appropriate screening questions - but you won't be able to "test" them out without contributing significant capital as part of your test. 

After that, my experience is I can raise the rent as much as I want and they sometimes say the tenant cannot afford that, but it works out.

The question you should ask yourself is Where do I see myself living and raising a family, and that's where you move or stay.CongratsGino

I have been born and raised here and have found nothing but a great market here.

Some cliff notes:REP status requires 750 hours in real estate activities, and then after you hit that, the test is materially participating in your rental activities.If it is a short term rental with less than a 7 day rental period, if you materially participate, which could include at least 100 hours and that is more than anyone else, then yes possibly can use the bonus depreciation against other sources of non-passive income. 

Changing the tractor's oil in the driveway was another favorite: keeps the dust down in the summer.The developer risk is if that solid ever gets tested (phase one or phase two environmental study) you may have to dispose of it as toxic waste, which is super expensive.

The fee is also listed in the fees sheet, but it raises many questions due to the way it works. 

I know for a fact all of this would be stolen the first night working in many areas of the country so the first thing one would need to do is fence it and get security in there  raising the build cost substantially to the end buyer..