The sales rep was saying they guarantee three deals in 90 days or they work for free and not sure if they stand by their word.Thanks  

In fact, those mother f@$#ers still owe me over 7k.All of his sales reps are the pushiest SOB's I have ever had the displeasure of dealing with.

This could boost your cash flow without relying on stock market returns (Which can be volatile)2.Real Estate Professional Status (REPS): If you’re leaving your W2 job, qualifying for REPS can allow you to deduct real estate losses against your ordinary income, giving you a big tax break.3.Cost Segregation: This can accelerate depreciation on your properties, creating significant tax deductions.

The LP still has to meet the material participation rules in order to take full advantage of the depreciation losses even if they meet REPS. 

In this business you will work with other great agents, lenders, title reps, home inspectors, and finding great people in these professions is always a rewarding feeling.

This allows them to bypass the REP status since they are full-time doctors and cannot meet the standard.

They keep telling me that they are attempting to get in touch with the local account rep.

Example: claiming tax benefits from the STR loophole or from the Real Estate Professional Status (REPS) - which, by the way, are two completely separate things.

I believe my wife and I pass all the test under REPS and material participation.

These areas won't give you cash flow without significant downpayment, but their price/rent ratios are much more friendly compared to other cities in the Bay Area and you can also benefit from their appreciation.Another thing to put on your radar is the Real Estate Professional Status (REPS) election.