This helps prove your direct participation.Proof or Documentation – Keep receipts, invoices, emails, or even before-and-after photos as evidence of your work.

I've purchased a couple of my investment properties directly from property management clients who decided to sell. 

It would be a great help if anyone could point me in the right direction here in Birmingham.

This approach would allow me to learn with each deal and minimize initial risks.2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.I have no experience with either strategy.If you were in my position, which strategy would you choose and why?

For longterm rentals, I'd just really try to understand your core tenant profiles and market directly to them.

One-person rental units are in the highest demand, and co-living directly appeals to this market.

Then I would either go to your GC with the info, or go directly to your subs (licensed electrician etc.) with the info.

As the economy shifts, there will be new ways to grow your portfolio, but success will require staying nimble and informed.Bessent’s commitment to cutting the federal deficit involves a mix of spending cuts and revenue adjustments, which could directly affect government-funded housing programs and infrastructure investments.

So my thoughts to what is or isn't a huge trigger for the IRS for audits is based on direct input from the industry.

I would like to find a mentor/agent who has experience with Foreclosures (HUD) who would be willing to answer questions and work together in the Phoenix/Scottsdale area.I'm on a new journey in life and finally taking steps in the Investor direction... something I should have done a long time ago.