They would be managing 4 to 5 cabins, and I would be setting my daily rates dynamically to maximize occupancy, so this would be a consistently significant workload for the VA(s).

There are quite a lot of repairs or daily requests from guests, more bookkeeping due to consumables, extra utilities, pool service, lawn service, internet, etc.  

However, this is a difficult qualification to meet, especially if you have a full-time job outside of real estate.Don’t worry if you aren’t able to qualify for REPS status, because there is another strategy that is referred to as a “loophole”, which is the STR strategy.Per Section 1.469-1T(e)(3)(ii)(A): there are six exceptions where your rental property income is not automatically considered to be “rental activity” and thus may unlock the door for being able to offset these losses against your active income.The average customer use is seven days or less.The average customer use is 30 days or less and significant personal services were provided (for example, daily housekeeping).Extraordinary personal services are provided, regardless of the duration of customer use.The rental is incidental to a non-rental activity.The property is available during defined business hours for non-exclusive use by various customers.The property is used in an activity conducted by an S Corporation, partnership or joint venture in which the taxpayer holds an interest.If your property qualifies by meeting one of the exceptions above, the next step is to demonstrate material participation in the rental activity.

I am building my listing daily and creating a good team.If you are a cash buyer in the Houston area, please feel free to connect with me.If you guys have any advice for a beginner in wholesaling business I am all ears as well.Eboni

Despite one of the best cashflow and being t he 3rd most competitive market for renters we don't have a national rental company here (except Grape Vine dabbling a little) Wow thats amazing NO national builder do you  know what volume the largest local spec builder does..

I drove past the site daily to get home in Calico Ridge.

And for those not covered by them, there going to get you exclusive discounts because they are a volume client.

Never put an investor on a mailing list where they receive daily emails with every property that's listed within certain price points or zip codes2.

Depending on the volume the builder does, they may have someone on staff.   

You can do some sourcing yourself through Facebook groups, and online RE communities , and even pick up the phone and cold call some homeowners that may be tired landlords, don't owe anything, and have built up some equity.With enough volume, you should come across some solid deals.