However, we will likely need a property manager to assist with some facets of running this rental (since we would not live locally) and would primarily market it through platforms such as Airbnb and VRBO to start, (eventually setting up a direct booking process).Here's our question for those who have experience in STR's or who might be involved in a similar scenario: How challenging is it to meet the material participation hours needed to achieve active status?

Yes I recently purchase this so called mentorship but before I made the purchase like a few other people stated here on this platform they were contacted and a so call interview to see if you are a good fit ...bulls..t they pry to see if you can pay with a credit card as Ed said word for word you can use more than one card but before purchasing I told Ed Peter's right hand man I do not want books and video if that is what it is I don't want it .. ooh no he says we hold your hand meaning peter as I can see someone else got the same script on this platform ..after paying 15 000  guess what came in the mail books and software with videos go figure and I stressed that is not what I want and asked for my money and Peter said no refunds  I suggest you watch the videos I called to chime in on his Q&A session he was answering question from one of the another protégé  and once he finished and the protégé  hung up Peter said if you have any questions punch *6 so I'd did just that instead of him asking me what was my question he hung up the phone on me as if I was not there it is was sad because there was only 2 people that was on the line me and the other supposed to be protégé if you are thing Bout being apart of epartners  I suggest you think twice I don't think it is a good idea I am out of 15 000 as 4/26/22 I am furious  these so-called wealthy people are ripping of the public 15,000 is a lot of money to be in debt with no income coming in and you put your trust in a person  that claims to be helping you reach financial freedom and don't give a dam if you live or die stay away from this program

He even chatted with me through this forum (Bigger Pockets) and was very encouraging that you can even do it just with free stuff out there.  

We set up our CPA, LLC, website, marketing plat forms (social media), investor (sponsors) list, I have an operation manager, acquisition manager, and myself leading the charge.

Even though the budget of the project will be about 4 times of where I was looking to start with a fix and flip, MF financing looks very encouraging and a silver lining.

And all of that with training wheels, it is very hard to screw it up on a consequential scale.Because it is 2025 and RE is not cheap anymore I will encourage you to also look into building a business on the side.

I would try to maximize revenue through things like additional marketing/platforms for example adding VRBO in addition to Airbnb etc, as well as employing pricing software.

Build a Network – To get your name out there, you can join local real estate investment groups, online forums, or platforms like BiggerPockets.

I've tried a couple - truepeoplesearch, white-ages, property radar, leadsherpa, batch leads...Some services are better than others, but it is a numbers game and you also can cross check between different platforms.

If you are doing a For Sale By Owner (FSBO), the platform(s) you are using may not be effective.4.