They will likely be acting under your discretion so they would likely be classified as an employee, you will have to file payroll returns, pay payroll tax, and write them a check. 

Also, we investors can easily forget that the extent of some Park Owner's advertising is a sign out front and an ad in the classifieds.

You can stop paying your credit card, and all the credit card company can do is sic collections on you and get a judgment.

And again, if your MAGI is above $150k, you won't be able to deduct the losses anyway.The third level of participation is being classified as a real estate professional. 

That being said, don't do illegal things like redoing your whole roof and calling in a repair, but some items can be classified either.

Just said if I don't have a homestead in Texas (I own a primary here, but won't be able to be classified as a homestead until next year), you can't pull cash out of an investment property here. 

I wouldn’t necessarily classify this particular area as “rural” since it facilitates housing over 11 million visitors each year.  

If property management MAKES you money, I wonder why it's classified as an expense and not income???

You can post it to our property directory (see link at top of site for properties) or here on the forums in the Classifieds section (you'll need 10 posts on the forums to gain access to the classifieds, though).Let us know if you need more help.

The nicer the area, the easier it is to get higher rents for more amenities.I usually classify rental properties as follows:A - highest end properties - very low or negative cash flow, low hassle factorB - decent rental property - minor cash flow, minor hassle factorC - lower end rental property - bigger cash flow, bigger hassle factorD - war zone rental property - HUGE cash flow, HUGE hassle factorMarc, what would you classify as your niche?