You materially participated in the activity (other than by meeting this fifth test) for any 5 (whether or not consecutive) of the 10 immediately preceding tax years.6.

@Steven Rosenfeld, I am hoping to provide a little more color here.It sounds like what you are wanting are "vertically integrated" operators, like BAM.  

Not sure there is 1 best book.I'd read stuff by many of the local guys, as you may have a chance to meet them or hear them speak one day. 

Your best bet for locating and connecting with this individual is on BiggerPockets or your local REI meet-up.

Looking forward to meeting you and the other investors.

They can confirm whether the occupancy requirement was satisfied by the previous owner or if you need to meet it as well.

In some markets, theres a trend of converting student housing back to conventional multi-family to meet housing demand.

Given my tech and data background, I'm considering developing an online app specifically for Canadian investors.I'm envisioning an interactive dashboard that integrates economic data, sales figures, bylaws, and rental information, complete with prediction models.

We have about 20 meetings per month on a variety of topics including flipping, investing 101, landlording, multi-family, advanced investors etc. 

I would initially travel to the area for a couple weeks to meet and assemble a dependable team.