2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?

The street it’s on is clean and nice, but there are some run-down, overgrown homes & lots nearby, there’s also a new $1 million home that’s the only one of its kind (and been on the market for 18 months).

I am also going to branch into everything surrounding real estate such as home cleaning, contracting and moving into franchising.

I used DIY Cost Seg to do my study.  

On your profile put your location. 1-Get a great Realtor. 2-Get a great Contractor3- look at properties. 4-Save your down payment money 5- Get your credit rating cleaned up.

Love this thread and currently negotiating land on beach side with clean title.Wondering what is a fair offer for 25x100 M2 plot on beach strip direct to owner. 

Estimate is excess 1.5K for claiming half the walls and ceiling in the home need to be repainted, every door in the house needs to be cleaned, and other random items.

The owner will have to clean up and board it up.Even better, I like the idea to buy it!

In my home state of ohio, these auctions come with clean title and they include all leins and morgages in the starting price so i figured it was the same for florida.first property i am a defendant on, the second im not because the foreclosure process started before my purchase date so im not entitled to the lien.

-Disregard for containing/blocking off work areas and cleaning up after the job.