Material Participation Activities:Property Maintenance: Engage in repairs or construction work on the property to maintain or enhance its condition.Contractor Management: Oversee the hiring and coordination of contractors or handymen for property-related tasks.Tenant Interaction: Communicate with tenants regarding lease agreements, inquiries, or property issues.Property Acquisition: Invest time in property search and evaluation processes, including visits to potential investment properties.Property Management Tasks: Perform activities typically handled by property management companies, such as rent collection or property inspections.Non-Qualifying Activities:Educational Pursuits: Time spent on real estate education or training programs does not count towards material participation.Investor Hours: Hours dedicated to investment analysis, financial planning, or portfolio management are not considered material participation.

From my experience, if your rental is priced correctly, is listed on zillow and you are responsive to inquiries with the ability to show the property hiring a real estate agent is not necessary. 

Does your PM answer inquiries in minutes ahead of all the other properties they manage?

The latter is good to understand how well the people handling the inquiry know the property.4.

I am currently in the process of laying the groundwork for an Air BNB Arbitrage Business model specifically targeting the Anchorage/Wasilla region in Alaska. Despite conducting extensive research, I have encountered l...

We have listed our property and people are sending inquiries saying that they are voucher holders from different housing authorities.

It pains me to say, but Zillow is the go-to for rental inquiries.

I would think that reducing the number of guests would reduce the number of inquiries. 

I help with guests' communication, responding to inquiries, writing reviews, coordinating guests' check-in and check-out, and arranging cleaners for turnovers at far much lower prices.I'm new on Biggerpockets but I have experience working as a virtual co-host and I presently help to manage 2 properties in Atlanta, and they are doing great.

Lots of sprinting and longer periods where there is minimal activity.Leasing season is 2.5 months of non-stop tenant inquiries and requests.