I'm working for a broker and real estate agent (as a contract handyman I'm not on their payroll)  who have recently become involved with rentals. 

In my eyes, all of the same diligence is needed in regard to sponsor and deal(s), but add to that prior operations by that sponsor, current financial analysis, current valuations in today's market with very limited trades happening as comps, what the effect of waterfall and fees will have on that position once you take over, etc.

It's the substance of the transaction, not the structure.So, the inquiry becomes not whether you are representing others and engaging in 6 defined activities but simply whether you do 2 or more deals involving real estate in 12 months. 

My wife is fully involved in our business.

Additionally: they had a profession job, they were responsive and easy to work with scheduling the tour, they showed up to the tour early, they were well dressed, polite, well spoke, clean, made eye contact, had a well maintained vehicle.This was the first time we've had a tenant dispute the findings of their eviction report. 

This approach involves actively investing money to generate returns instead of letting it sit idle, potentially offering a more dynamic and rewarding financial strategy.Cardone also emphasizes, "Cash flow is king.

You can express your willingness to offer a new lease to the more responsible tenant, but it's important to avoid getting involved in their personal issues.

Also keep an eye out for floodplain and make sure the zoning of the lot allows what it is that you're trying to build.

Which is why I avoid involving an LLC on my property until all the dust settles. 

My role involves raising capital and collaborating with investors interested in leveraging my business to facilitate their acquisitions.