My extensive real estate experience consists of 1 flip.I have an idea and I'd like to test the waters here in the forums.

I have started soil tests on 12 lots costing me a total of $5340 for the permits.

Due Diligence and Feasibility Studies - What studies or tests are essential before purchasing raw land?

Pickings are slim around here for good ones, and what makes a good PM for one LL isn't the same criteria as for another. 

They also don't know what happens after inspection, well and septic test etc and are often extremely difficult to deal with.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

We are open to STR and just applied for a license on our current place.Looking off-market now because on-market is so slim. 

Then test the market and try to elicit tenant interest.

If they pass the personal smell test, I go to step 2.2.

She reset her front door code and then locked up without testing that her new code worked.