I also participate in market and manage two properties in louisville(Growing a small portfolio.)let me know if you had more questions,shervinrealtor.com

My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole". 

Also thanks to all the people that participate in the BP platforms.   

Just start reading, listening, and participating and figure out what niche you like best.

I have participated in my fair share of residential syndications.  

BP should consider improving this policy to encourage more inclusive participation.

I didn't read the full doc yet, but was there any verbiage about a landlord having to participate/sign up for section 8?

It should be noted that qualifying as a real estate professional doesn't guarantee rental real estate income will offset other net taxable income.It just allows a taxpayer to apply the material participation rules to rental real estate for a non-passive/passive determination.Consult your tax CPA/EA.

All FHA / VA loans are assumable but the seller may not want to participate due to it be a longer process and may not be ideal if there is a huge gap in price since you can only assume how much they owe at the lower rate .

In which case, splitting out the rental portion of the activity from the operating portion would help reduce the exposure to self employment tax3) One is a qualified real estate professional for tax purposes...but wouldn't be a material participant in the hotel activity.