I agree except some clients I already have at limited service will not cash flow at full service or need material participation. 

If your plan has multiple participants, each would have $250K coverage on their cash account within the plan.If you will be in cash for an extended period of time, you can check to see if your bank offers enhanced FDIC coverage through a service called IntraFi. 

We’re actively participating in auctions, but unfortunately, we missed out on our last bid by one bid higher.

@Sachin S.contact a CPA with experience with material participation for cost segregation.

In my life outside of real estate, I worked in Information technology where I have participated in the creation of open source software as well as documentation published under creative commons. lots of license thinking to borrow from.It has always felt wrong to attempt to monetize everything associated with real estate investing.

It takes $14-20k per year to participate fully in datasources for most markets plus hours per week to see all the listings and movement.

Is anyone participating in their mentoring program?

Checkout section 469 of the tax code for material participation tests and what it all means.

If you get the REPS and meet 500 hours managing your own materially participating LTRs, your LP interest can benefit you.

There are a lot of good resources for being a successful property manager and many meet up groups to participate in.