To qualify as an RE Pro you must:1.

Both are just jobs, not RE investing. 

I of course could get the property re-zoned but that is a long, tedious, and expensive process.I called the city twice about this and both times they told me that with R2-1XL zoning I can have 3 ADUs, 2 detached and 1 attached.

Hmmmmm............pay off my own RE debts!!!!! 

Under the rental section it doesn't make any distinctions re: advertising, but it does under mortgage lending and mentions rental housing.

My partner and I are just starting out with RE.

Is there even any benefit to that if all the activity is line 2 rental re income/loss on the K-1?

Chris I think they can get a deficiency even on a primary.. at least it was that way pre 08 as I had a few clients that were buying RE from us that had that issue trying to relocate and were under water in Texas.. 

Andrew, honestly just keep going.You'll be worth 8 figures soon.Not many people love their jobs, but it puts food on the table and you are clearly good at it if you've been doing it so long.Use some extra income to start getting into RE investing.If you get a seller to carry 15% in 2nd position, you just need a 10% down payment.Its tough to do but everything in life takes sacrifice.

Most real estate investment and finance companies are hardbarred industries - only service-based businesses like financial planner firms and RE brokerages are allowed.