Outside of real estate, I enjoy spending time with my wife and kids, as well as playing golf, collecting comics and sports cards, and binging the next show on Netflix.I am very excited to meet people with common interests, network, learn, and help where I can.

Basically, if you run it hands-on and spend significant time doing it - probably there is material participation and self-employment tax.As you can see, a generic yes/no answer is impossible for your question.

I recommend spending a little extra money and pay to have trade specific people inspect the property too, not just an inspector.

In the beginning you will spend more time learning how it works, but at the end if you are accumulating rentals, I wouldnt expect to spend more than 5 hrs a month.

I spend every summer in either New York or San Diego, and almost exclusively rent a property for 60-90 days through one of these two platforms.  

So that was probably $2k I didn't need to spend. 

Don’t spend the time and money on cost seg unless it can benefit you in the same calendar year.

Best to give guests privacy and alone time rather than spend time with strangers who may or not be to their liking but if people are desperate and not have much money this idea may appeal

yeah, i have been spending time on YouTube doing that.  

Spend more than half of your total working hours in an RE business in which you materially participate.2.