Then plan a date to actively start looking to buy.

I wanted to confirm that to date they have never missed a payment and always returned principal?

I'm a beginner and I'm looking for tips on how to perform a proper market analysis on houses to buy and hold long term and rent out.Right now I'm looking through all the MLS websites and finding properties in locations and within my price range.

For material participation tracking, your spreadsheet should include:Date & Time Spent – Log the exact dates and hours you worked on the property.

One thing you might think of doing is having and promoting your own website to avoid the exhorbitant fees charged by the third party sites such as Expedia, Booking.com and Air BnB.  

Just remember anyone who has acted as your employee, attorney, accountant, investment banker or broker, or real estate agent or broker within the 2-year period ending on the date of the transfer of the first of the relinquished properties is considered your agent and is disqualified from being your QI.So definitely ask them for recommendations but they cannot act as your QI on the exchange. 

These are the ones where you just enter some information about the property into a website and it gives you a report. 

Please check out our website www.smithislandinn.com and reach out if interested.  

They have a CPA license, 20+ years of experience and their name on the door but they stopped being an expert when they decided what they knew was enough and they were done learning or staying up to date on tax law. 

They offer free pre-qualification on their website where you can enter your data points to see available terms and rates.