It’s been a while since I last engaged on this forum, and I’m excited to reconnect and start networking again.My name is Corey Flood, and I’m a Cybersecurity Analyst who recently relocated to Dallas, TX.

Alongside this journey, I’ve started my own car detailing company, which has given me a solid foundation in business management and customer service.

I recently got engaged and my fiance's family own a few real estate properties that they are renting out (majority are condos in Columbia, SC and 1 in Florida).

From my experience, you don’t need to engage a CPA just yet.

Engaging with local real estate investment groups or forums can give you a sense of the local market dynamics and provide first-hand experiences from others who are active in the area.Economic Indicators. 

. § 452.03 states that no person may engage in or follow the business or occupation of, or advertise as a real estate broker or salesperson without a license.

KPIs: Social media reach, followers, engagement.

Some investors opt for larger homes with more bedrooms, while others convert existing residential properties to fit more people comfortably, ensuring they meet safety and accessibility standards.One thing to consider—smaller operations like RAL often rely on word of mouth and local reputation to fill rooms, so community engagement and relationships with local health care providers are key to success.PS: Fun fact—by 2030, it’s projected that more than 20% of the U.S. population will be over the age of 65, which makes senior housing a high-demand sector for decades to come. 

., House Flipping):Active Business Operations: If you are engaging in activities like house flipping, property development, or property management, this would likely be considered active business operations.

We purchased a property, signed contract for a 45-day SoW (cosmetic rehab, add AC) and after about 30 days it's been radio silence.We have been pretty patient and now at 60-days past closing we've engaged another local PM who is going to be re-keying, assessing rehab status and taking over from here.I think similar to OP there's nothing particularly nefarious or shady going on here, but the follow-through and ability to land a deal is significantly lacking with this team.