Quote from @Guy Gimenez: Quote from @Chris Seveney: Quote from @Dan Ross: I am new to Real estate investing.

Hi, Nice to meet you new wholesaler in NJ. 

It is nice of the state to mandate that flippers do this.  

No.I provide cable channels (I'm not cheap and have nice properties) and have smart TV's where they can log into any of their streaming services.

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

That was easy and it was nice to have a bit extra coming in.

Property Management takes a nice cut out of your margin, unless you have the systems built to do it in-house. 

If the condition is similar to the market average but your rent is severely under market rate then I take an average between the current rent and the market rent and send them the following message 2 months before their lease is up (assuming you aren't in a rent control market),Dear Tenant,Some nice words and remind them that their lease is up within 2 months, please select the following options about their new lease, also mention that you are doing the best you can to maintain the rent as low as possible but with inflation, insurance and property taxes increasing, you have to raise the rent to keep up with the rising expenses. 1.

Nice to meet you (electronically).Currently renting a single-family home in a very expensive coastal Southern California city.

A lot of construction guys do side jobs on nights and weekends.