You just have to have a family willing to be a little mobileBTW - the difference between flipping and any other business model is your intent and how you demonstrate that intent.  

I cannot imagine any scenario where a listing agent secures a $90m listing without demonstrating his experience/knowledge to operate in this arena.

Additionally, she would need to demonstrate material participation in that trade or business which shouldn't be a problem if she hits the 750 hours via rental real estate activities. 

Being able to demonstrate a track record is also helpful, but of course that takes time.Your local real estate investor club will be the best place to get started.

Sometimes we do presentations for students even when the lead isn't the greatest just to demonstrate how you would go about talking to a seller.

However, income that has been received for a shorter period of time may be considered as acceptable income, as long as the borrower’s employment profile demonstrates that there are positive factors to reasonably offset the shorter income history.So a student's new income can be used as qualifying income provided it meets some other income tests for continuance.

There are bragging rights for the agency that sells the highest % of their listings or/and all listings.A good listing agent sells their listing and demonstrates that they can actually sell it at or near their listing price.

Not that this helps the OP, but the IRS has a completely different outlook with used cars.Because the used car lots with the "buy here, pay here" business model were able to effectively demonstrate that their industry has a very high rate of default, they were able to effectively crumble one of the 4 pillars of revenue recognition - "the certainty of collection".Basically, they said that their customers have demonstrated that there is no certainty of collection, so the IRS allows them the installment method of revenue recognition on their sales.The 4 pillars of revenue recognition are:1.

Their explanation was that the loans were too new and that I hadn't owned them long enough to demonstrate my ability to manage them appropriately.  

Taxpayers who claim their income as "other income" and avoid self-employment taxes have to demonstrate that the activity was a one-and-done event or was sporadically done.