Simply owning some investment real estate does not make one a real estate professional anymore than owning some stock's makes one a Stock Trader....To qualify for real estate professional status (REPS), you must meet the following requirements:50% test: More than half of your personal services must be in real property trades or businesses.750-hour test: You must perform at least 750 hours of services in real property trades or businesses.

I'm not an educator whatsoever but I can give you an overview of my wholesaling and flipping operation here in Central Florida.

If you want a machine thats a jack of all trades , look at a Kubota L 3901 with a backhoe . ( Kubota still has 0% financing  )

When the World Trade Center was crashed into, the owner collected double on the insurance policy but then had to give half of it back.  

Hi Mark, I am a Marketing Strategist by trade.

Sheetrock crew comes in next....think they clean up after all the other trades and throw away all the trash? 

@Natalie Johnstone My former employer who was a privately traded company that owned over a billion dollars of real estate and had an ancillary management business with revenues that exceeded $100M annually would sometimes form entities in Delaware because business cases are tried in front of a judge w/o a Jury and case law that's applied to decisions is very well developed in the State.

I think you're gonna see a lot of deals underwater trading before year end, with banks trying to clean up their balance sheets.5.5% with 25% down is a very competitive rate.

I have experience with house hacking and am an interior designer by trade, I am very ready to start flipping homes in my area of Asheville, NC. 

Many years ago, Home Depot and Lowes used to have professionals from each trade in those departments, most were retired etc, I find that less and less nowadays and find myself helping customers out when I hear an employee giving really bad advice, so just take advice in the big box stores with a grain of salt.