While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

Check the number of bedrooms and bathrooms, aiming for at least 3 bedrooms and 2 bathrooms, ideally 4 bedrooms with 2 or 3 bathrooms to offer flexibility, with one bathroom potentially dedicated to the in-law suite/ADU.

For the BRRRR Bootcamp, there is time dedicated in the first few weeks to understand what the BRRRR Strategy is, but then it will be more concentrated on the specific topics you mention above in the curriculum. 

The dedication of Advani to deliver contemporary insights and knowledge mirrors the immense value of information in charting through economic downturns.Mobilizing the LinkedIn Community for ActionI extend an invitation to the LinkedIn community and fellow investors to step forward.

You need someone who clicks with you personally before engaging in a mentor/mentee relationship with the dedication and stress that may be involved.Where to find a mentorStart by looking within your existing network.

so 80% of 600k = 480k dedication in year 1 please correct me in above both cases won't be correct ?

but there are missing pieces of information that would make this a great or not-so-great idea, like your skill set, the amount of time you can dedicate to RE weekly..

I've been dedicating a lot of time to studying commercial real estate investing and still have a lot to learn.

Digital Receipt Management - File all receipts in a dedicated Google Drive folder.

Your dedication to learning and pursuing great deals is admirable.