Being on the right street is important.   

It is not uncommon for syndicators to list properties they were passive LP investors in, and for sure to list properties they were/are also a part of GP, with limited/minimal active management roles.

If you take this housing away from these people where do you intend to have them live; in the streets, underneath freeway overpasses? 

Is there a way to reduce the amount of hours so you have more time for other activities?

Low insurance" is concerning to me, as Athens gets a LOT of high wind / weather / tornado activity for unknown reasons - they just got hit again last weekend. 

In your scenario, claiming that $117k depreciation deduction could lower your taxable income from $700k to $583k, which is a huge benefit in the short term.As for the RE pro status, if one of you becomes a full-time real estate professional, you can potentially offset active income (like W2) with passive losses from real estate. 

I'd love to connect - I'm licensed in AL and actively work with Foreign Nationals, I am working a portfolio deal right now for someone who also lives in Israel. 

Beautiful weather, outdoor activities, and a vibrant culture add an extra layer of appeal for both residents and investors.But Florida isn't a one-size-fits-all market.

What gets expensive is replacing a deteriorated side sewer from the house to the street, when they use the cleanouts and find out what's going on down there. 

I've been in the investment space almost 9 years now, and been actively investing in flips myself, the last year.