You’re in an ideal market for growth—DFW is full of active investors and countless networking opportunities through local meetups.

I will be the one actively managing the property and doing most of the research, and my brother will act as more of an investor.

Instead of just writing "property maintenance," note activities like "installed new light fixtures" or "deep cleaned kitchen for guest turnover."

Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.

You’ll likely connect with local investors who are actively looking for deals like yours.

There are two requirements to claim REP status1) 750 Hours2) You spend more time on real estate than other activities such as your W-2 Job or BusinessYou want to work with a tax professional who will be able to advise you on what hours count and what hours do not count.Furthermore, the CPA may have a nice worksheet that you can use to help you document your hours.Best of luck!

By electing QBI safe harbor, you ensure that your rental activities qualify as a trade or business under §199A, provided you meet the 250-hour material participation rule and maintain proper records.

I’m actively growing my network, attending meetups, and soaking up as much knowledge as possible.

Here’s how:Property Management: Outsource for $25/hour instead of spending your time on tenant issues.Administrative Tasks: Use virtual assistants for scheduling, bookkeeping, or paperwork.Maintenance Coordination: Delegate routine repairs to trusted contractors.The cost of outsourcing is often a fraction of what your time is worth, freeing you to focus on high-impact activities.

The reason cited is that since we aren’t performing the renovations, we aren’t exposed to these risks.For those who actively flip, what type of liability / E&O insurance do you carry to protect against these risks?