One of the biggest time sucks can be finding & screening a tenant!

California views all rental activities as passive activities, regardless of whether you qualify for Real Estate Professional Status (REPS) under the federal tax code.You are correct in that the minimum hours required for REPS are 750 hours.

However, you forgot/didn't mention the Costa del Sol, which, from an international real estate point of view (the topic here), is what matters.

One way we fight this is with photo verification pre-lease signing and not approving renters who don't view the place in person, our credit underwriting software also flags apps that have a high likelihood of fraud.

I don’t use Tik Tok myself for advertising but I wonder if I’ll get more FB views once Tik Tok shuts down.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

And from my point of view ONE property one investor is far safer than the syndication model for most passive investors .. kind of like Investors making a HML where they are the only beneficiary ..

It’s not their fault, screening and placing a tenant has no prejudice.

There is a very big difference in my point of view hearing from someone who knows someone first hand vs. someone who just goes and does some internet research. 

I just wanted a general industry over view of markup.