You would have to be able to demonstrate your intent should you get audited.

Check out the audit section.

There are some very good schools there.While I'm guessing these are audited courses without credit hours, students receive a certificate of completion.Too bad, I searched RE and nothing popped up.

It is our job to keep the documentation to in case IRS audits you. 

Hi,Helping my father here.....He was a Hard Money Lender (private lender) and is now being audited by the IRS. 

His clients haven't been audited for the past 12 years based on this strategy, so I'm guessing it works.  

The barrier is the additional complexity - now you are operating two sets of books, and filing two tax returns, and have more operating agreements, more state registrations, etc, need to manage cash better, need to keep in constant mind that your rents need to be a supportable FMV, which may require getting third party certification on your rents so that in the event of an IRS audit, what you have done is supported.In short...the size of the project, and the taxable income, need to be of enough scope to make all the additional costs and annoyances worth it. 

Peer Street struggled with Underwriting, collecting payments, and the math that an accounting firm calls audited while from the outside everything looked pretty. 

I used to audit the RCCD when I first got into public accounting and I remember that the area near by was pretty nice to walk around.As far as the event, that sounds really interesting but unfortunately that's too short of notice.

That job description could go into corporate security devising security procedures for employees in a warehouse, auditing invoices, shipping manifests, inventory audits and setting in place audit trails to manage inventories as loss mitigation activities.