But hearing your expertise is super helpful  as it's relevant to us here as we start our investment journey into MTRs.Have you had your place 90% rented most of the year, or have you experienced blips in vacancies?   

Regarding your second question, are you asking if those activities help meet the IRS material participation tests or qualify you as a real estate professional?

This property I previously modeled is now active for $1.789M, if you check the model I was at $1.75M.

Your support fuels my passion for sharing knowledge and experiences that help others on their real estate journey.

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

To anyone considering this or similar programs, weigh the pros and cons carefully and stay proactive in your learning journey.

Be prepared to start a lawsuit.2) File a complaint with state's Board of Realtors3) File a complaint with state's Attorney General's officeSince these are unlikely to be permanent solutions, you'll also want to start searching for another PMC.Recommend you speak with @Russell Brazil Thanks for the tag.Property Management is not a licensed activity in the state of Maryland.

I do know, however, that they are pretty strict about the STR activity in the area. 

My total expense ratio on each property I own ranges anywhere from 40%-50% annually, but I also self-manage and am not a slumlord (I am pro-active with maintenance, not reactive).

I agree we are quite active in the space.