The operator may trade off the longer term benefits to keep a high quality tenant in place.

Also get me out of more debt/risk.I would put 100-150k into savings for a primary home for my familythen i would put 300k into Bitcoin...just kiddingThe rest of the money I would likely want to "work with".

To answer your last question, my realtor has contractor contacts I should be able to leverage for rehab budget estimates, as well as family friends with experience in the construction trades.

However, smaller projects or certain trades might not require a license.

There's always trade offs when it comes to investing and one of those tradeoffs (if you want to find positive cash flow) is having to be okay with an older house.

I would tend to agree with the other CPAs typically.The 500-hour test is one of seven material participation tests used by the IRS to determine if a taxpayer is actively involved in a trade, business, or rental activity. 

No information about dividends in subsequent years could be found in company filings.Most REITs are publicly traded, which means that their stock is bought and sold on public exchanges, with their share prices fluctuating according to investor demand.RAD, however, is among the relatively small set of property companies known as non-traded REITs, whose stock is acquired directly through brokers, not on the open market.

If you ever want to connect and trade thoughts on your goals, I'd love to do that. 

Depending on your credit score in the US and credit trade line history, you could put as low as 25% down.

Amarillo, actually.  1960’s build, nice area, but a family trade thing I never particularly wanted.