I feel it's important to understand the laws of an area before you choose to invest there.It's not so much the laws, but the politics, and the relative amount of corruption among those elected to enforce the laws.

Having a family member who is an elected official can subject you to extra AML checks.

Just know that this is effectively what you are doing.First of all, see if electing an S-Corp for the management company is right for you. 

The REPS-9 election prohibits grouping short-term and long-term rentals, emphasizing the need for careful strategic planning.

Her hands-on experience, entrepreneurial spirit, and innate coaching ability led her to become the Founder and President of Xandra Marketing and to write this book.

Just curious what the historical data shows how the housing market will react to the election.

Your Network = Your Net-worth"Been watching Evernest's video's and they share a ton on "everything and anything" property management related so that's been a blessing.Biggest take away when it comes to scaling a PM is to spread the word about what you're looking at doing and to build relationships.Local real estate events, NARPM, IMN, etc...You want everyone to think of you if they are looking at selling or if they know of anyone looking at selling.I use to be "loud and proud" and a huge extrovert but I guess "old age" has got me hahaI prefer drinking coffee and smoking a cigar behind closed doors.But, I guess I'll have to start "shaking hands" and "kissing babies" like a president when it comes to networking again lolMaybe even do a few video's while not wearing any pants heheBig hat's down to Matthew Whitaker for scaling the business so much.I remember spending some time together in Birmingham when he had a decent sized operation of around 1,200 units or so.Now they are 16,000+ 👏HUGE...We initially met as I was interested in selling our property management company in Toledo and now we are looking at acquiring others heheTime flies, things change and life is funny.Thanks everyone for your contribution and wishing you much success

A few of the Fed Presidents have been talking about rate increase.

I am thinking I want to wait until after the election as I think there will be a "buying opportunity" then.  

Then those activities you listed become the safety buffer that you can lose in an argument with the IRS and still have 750 hrs.Also, there's a controversial issue about an election to aggregate.