I don't beleive this is true based on the IRS site stating you don't have to issue a 1099 if you are "not engaged in a trade or business."  

More questions, more authenticity, the more your confidence builds too.

Good luck brother no, its because im in a beach market that has prime season and offseason. i have higher occupancy than anyone in 1 complex and at 95% in the other. glad you believe in yourself, you definitely have confidence in your views

I really appreciate the suggestion to engage local RE investment groups with this question which I plan to do.

This minimizes risk and lets you build confidence as you gain more experience.

@Abel Curielthis is so beyond and more than helpful. it's been a tough gig to start, but this really simplifies it and brings me confidence.

Using David Green’s Core 4 strategy (realtor, contractor, property manager, and lender) makes me confident to invest anywhere.

Our son still managed to get into his second choice of university (I am confident he would have got into his first choice without the demon years because even with the demon years both his gpa and sat where above the average for those accepted to Stanford).  

Engage respectfully, acknowledge challenges, and collaborate with community members to find equitable solutions, presenting landlords as partners in neighborhood growth rather than adversaries.

Within the next two weeks, we will engage construction firms for engineering services and project RFP's.