It would still depend on your credit score/properties performance to qualify.

Here are all the things in the contract and here are all the things we did for her:What Six Figure Land Flipper Agreed To Perform Under The Agreement, AndSix Figure Land Flipper Performance Of Its Obligations Under That Contract.Coaching Services.

From: https://www.irs.gov/publications/p925#en_US_2022_publink1000...Qualifications.You qualified as a real estate professional for the year if you met both of the following requirements.More than half of the personal services you performed in all trades or businesses during the tax year were performed in real property trades or businesses in which you materially participated.You performed more than 750 hours of services during the tax year in real property trades or businesses in which you materially participated.Don’t count personal services you performed as an employee in real property trades or businesses unless you were a 5% owner of your employer.

If you do not, and you break the laws, and the deal doesn’t perform as intended or as explained, then we are not just talking about losing a few hundred dollars or a few thousand dollars like you could lose on a single family home where you did your numbers wrong, we are talking about losing hundreds of thousands of dollars or millions of dollars and possible jail time for SEC violations. 

If they fail to perform, you'll be out the rent money and the work, so you lose twice.

Pay annual fees, perform annual meetings.

You have a lot of money tied up into a non performing property.

The responsibility lies with the guy writing the policy, who should be the same guy performing the DD.

This investor was from out of town, so I provided information about the area and performed multiple virtual showings making sure to point out the good, bad and ugly of each home.

As a general contractor in Massachusetts, I'm looking to perform underwriting and pricing comparisons.