The main criteria to evaluate this is when did you complete the start-up phase and became actively engaged in business?

Right off the main drag. 

Quote from @Reid Ferguson: @Jonathan Abradothe course content is pretty thorough and there are lots of side videos that have started up to support info in the main videos.

Although as @Drew Sygit asks, what have those PMs that pledged to do it better now learned that may bring them back into line with main stream service providers? 

There are two main ways to utilize this exemption.

On the main floor I'm going to redo the kitchen and bath, again this was my first Reno so everything was poorly done.

While not my main area of practice I represented a Brooklyn credit union lender, some buyers/sellers and a few landlords in real estate transactions and rent arrears cases.While we had successes and some failures along the way I ultimately concluded that I wanted to do something different with my life and cashed out of the business.

On the other hand, I feel one of the main advantages of passive investments (via syndication/crowdfunding) is that I can hire a manager who has years more experience than I can ever hope to obtain myself.

I mainly wanted to know if other investors in syndications were experiencing the same thing.  

Second main point: Avantstay has excellent systems to find guests who will treat property and neighborhood responsibly.