If you are actively involved in running the business, originating loans, and spending significant time managing it, you may be considered materially participating, which subjects you to SE tax.

Greetings,I am currently involved in various regions within California, fouces in Fix&Flips.

I want my involvement in managing my future properties to lessen, becoming more "passive".

The FTC’s scrutiny reflects its broader efforts to curb retail mergers, including those involving Kroger and Tapestry.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

You should provide the best possible experience for everyone involved in the process of renting your space.

You could also get involved with your local REIA and try to partner up with a more experienced investor, depending on what you can bring to the table, in terms of value add. 

@William CoetGeneral partners (GPs) manage the entire investment process and are actively involved.

Also they remove the need for a chimney and individual water heaters since the exhaust is essentially moisture. our HVAC does most of their work in the city if you want contact info- He's installed 3 for us just this last year lol In basic terms It would involve:-Permits / approval-Additional Meters X 3 (all thru UGI, they coordinate with contractor)-3 additional units to accommodate each apartment.

Might need to just get to a more informed person at the lender to ask these questions, or get your attorney involved.