One additional item to consider is to buy an outdated property, rehab it and refinance it, this way you would have less cash into the deal and higher Cash on Cash Returns.

Other advice I received was that I should have also placed myself as "Additional Insured" on the Borrower's insurance policy, in addition to the Mortgagee clause.

Additionally, the area's median home prices and rental rates continue to rise, offering investors excellent opportunities for long-term returns.

I guess the part I'm not understanding is that it sounds you can combine their time for material participation (which is 500 hours), but not for the 750 hours required for REPS...but 750 > 500, if you meet the 750 hours, you already passed the 500 hours for material participation.Or you can get 500 hours combined material participation, but then one spouse needs an additional 250 hours of "non-material participation" (??)

It does not directly offset it, the mechanics are complex, but you should benefit from the $50k losses, resulting in no additional taxes from the sale.

Every additional booking/income above these assumptions is just gravy.

If you're interested in diversifying and don’t mind the operational side of business ownership, acquisitions could be a lucrative addition.

However, there are some additional steps involved with Section 8, like coordinating with the local housing authority.

You can also directly use the BP Marketplace to find potential JV partners or buyers, which is a great way to connect with people who are already looking for investment opportunities.In addition to online forums, attending local real estate meetups and conferences can give you face-to-face interaction with potential partners or buyers, which often builds stronger relationships.

Additionally, there are weekly calls with J&G, coaching calls, bootcamps and events, and an incredible network of fellow students, many of whom have become great friends.