I work (kind of) with a few GCs.

Nice try, but this time does not count.In order to meet 750 hours, your wife will need one of the below:- do something else real estate related, like wholesaling or realtor- actively work on expanding your rental portfolio - have an extensive DIY rehab, like a month-long full-time rehab (and then she might need another kind of rehab)- a calamity such as multiple properties damaged in a storm where she will have to deal with insurers and contractors- something else out of the ordinaryAgain - if all you have is 9 single-family properties with stable tenants and typical occasional maintenance - you don't have enough work to collect 750 hours.

What kind of heat is it?

Since they're low income/tax credit, they just don't make the kind of money needed to pay those huge premiums.

We kind of throw out these definitions for our business because they can become misleading. 

This will depend on what kind of loan you choose to proceed with.

If they replicate that kind of profit reliably, what would they need you for? 

This is why we network with other real estate investors - kind of like what you are doing here!

Kind of like betting on Vegas having a snowy Christmas. 

If you’re not willing to do this, then you may be best off investing in some kind of real estate fund concept.