That said, if you can find a position where there is no ceiling per se, then you can still achieve good income however you are going to have to produce good volume.Now, all that said, it is not too different for RE agents.  

BP will be a great resource for you as there are many active members based in SE WI.  

I am looking to take advantage of cost seg for a  2 unit MF property - which has tenants for long term rental  (let's call this property A)I know that in order to take advantage of cost segregation, there are no specific "status qualifications" per se, but certain conditions and considerations should be met such as 1) having a real estate prof status (i.e., spending more than 50% of working time & 750hrs pr yr in RE business) or 2) short-term rental status, rentals with a duration of less than 30 dys)I do not qualify with a RE prof status, but I will be acquiring another property with the purpose of having it for short term rentals (property B), please note that this property is outside of the U.S., so my question is: I don't qualify as a RE professional status, but can I use the acquisition of the short term/property B as my "short term rental tax loophole" for the purpose of the cost seg on property A?

There is no freedom per se in real estate .. not owning rentals not owning a real estate brokerage not being a mortgage broker not being a home builder not being a syndicator.. etc etc.. all it is trading one JOB for another.. and for those that have never been self employeed I can see how that not having to answer to a company or boss is FREEDOM to them.. 

I was thinking about creating an s-corp to avoid some of the SE taxes on the flips.

Sales are slowing and prices are flat in several more expensive areas around SE Michigan now.

They can handle renters policies and deal with properties all over the SE coast.

Hi @Brandon French , welcome to BP.This site is full of great info and people and there is a fairly large group of investors from SE Michigan on here.

Not because they are bad goals, per se, but they are growth oriented, not good deal oriented.  

@Kazumi Boyd it’s not a bad time to buy per se, but in high cost locations you have unrealistic sellers that truly make it an affordability issue.