Now you have real world numbers and experience to identify what works and doesnt.You can then back in and see what you can reasonably can pay and compare that to the salaried/hourly pay that Redfin and similar companies pay their agents.Maybe then there can be true discourse.As of now, it sounds like any other discount brokerage, but with more headaches. 

As far as when, when you are ready, but if you feel held back identify is it the narrative about real estate or your means holding you back.

Choose a scaling strategy and identify long-term goals for success.Good luck!

The latter would be much faster to overcome.Aside from interviewing PMs, what are some good ways of identifying markets relevant to me and my goals?

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.

1031 exchange sounds good in theory, but you need to do it in an area and at a time where there is inventory to choose from because once you identify the three properties, you have to close on one of them which is very difficult in a competitive environment.

We had been kicking around the idea of investing in an Airbnb property for a year or so, but couldn't identify a location that compelled us as a place we'd like to establish ourselves and regularly visit.

There will be a consultation and assessment to determine your business goals, strategies, etc.Research to identify the grants that are most aligned with your goals and strategies.Preparation of documents using a checklist to simplify the process.Application submission.Follow up with you, the client for clear compliance and reporting expectations once a grant has been awarded to you.Here are a few resources for accessing grant funding:Grants.govUSA.gov/GrantsNational Institute of HealthSmall Business Administration - GrantsHave you utilized grants in your real estate portfolio?

For example, when I take on a rehab I typically deposit the budget into a separate checking account solely for that rehab and pay all the rehab expenses from there making it easy to identify in my bookkeeping.

AI - Machine learning capabilities can help you calculate market rents, find comparable properties, and identify lucrative investment opportunities.