I do it's sitting right in front of me.Try going to REOMAC they are not going to charge you thousands of $$$ for it.Unfortunatly last time I checked they are only accepting "servicers" memberships now.What if I said send me your resume and I'll send it to all my AM's, would you be willing to send me a referral fee on the listing you close that came from my efforts?

I am an agent (which helps with the ROI) and I would certainly recommend my services :)

We also offer 3 tiers of competitive maintenance packages for inspections and regular upkeep and maintenance of properties!

Louisiana is also a very landlord friendly state and that doesn't hurt either.I have been looking at the rental data in New Orleans lately and it seems like there may be a surplus of rentals available, most likely due to the STR rules causing people to switch to regular long-term rentals.

Showing a profit is just a slight concern because it just adds to our regular tax burden from our day jobs.

Looks like a Portfolio product that the bank will hold and service as well.I'll dig in deeper with them, but not seeing them on NMLS.  

It wasn’t just rich people that got screwed by Morris Invest/ Oceanpointe I’m sure a lot of regular people got taken also. 

You are likely to appreciate, but you never know what will happen with the area as a short-term location so your hedge is on cash flow and maybe slower appreciation than regular single-family residential homes.

My regular agent won't insure it for renovations or being vacant for that long.

Note that if you are married filing joint, only the spouse who is qualifying for REPS is able to count their hours.Step 4: Apply the quantitative testsPer Section 469(c)(7)(B), in order to qualify for REPS, you must meet both of the tests below:750-Hour Test: If you materially participate in a real property trade or business, you must spend 750+ hours during the tax year.More Than Half Test: You must spend more than half of your personal service hours in the real property trade or business in which you materially participate.Step 5: Material participation in rental activities Just because you qualify for real estate professional status does not mean that your rental activities are automatically considered non-passive.