For example I use the same set of criteria for everyone and accept the first qualified applicant who completes the entire application process. 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Reach out if you would like to see some examples.

Ask how many out-of-state investors they work with and for examples of recent deals.

Operations- tenants refusals, either cull them before they get to you by requiring autopay as an example, document on their application why you refused them, make sure your facilities are maintained properly and no safety hazards exist, etcLLC.

Maui, for example, has been a great place to own vacation rentals historically, but we've seen a huge dip in tourism in the wake of the fires.

Example: about 9 years ago there was a house sitting on the market near me for $100k.

for example when changing cabinets, addressing trim, door pulls. hot water tank replacement: place a pan under it.  

Generally your hours working at BP as a W-2 employee would not be part of RE professional hours unfortunately.For those who are RE professionals, gain on sale of rental real estate is still capital gains and still avoids self employment taxes just the same for those tho are not REPS so there is no downside to being a REP in the example you provided Scott. 

I try not to overdo it, but I also don't want to spend 30 minutes typing it fresh when it's literally asked every. single. day.