I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

Here is what the IRS says on the subject: Election for Husband and Wife Unincorporated Businesses A business owned and operated by the spouses through a limited liability company does not qualify for the election Only businesses that are owned and operated by spouses as co-owners (and not in the name of a state law entity) qualify for the election.

You’re running a business not a charity after all. 

Thats why you see lack of ADA compliance in small businesses.  

Try talking to local banks who want to do business with you.

What aspect of their business, the property managment software or investment management software.

Here are some additional tips:Business Bank Account: Open a dedicated business bank account to manage income and expenses separately from personal funds.D-U-N-S Number: Register your business with Dun & Bradstreet to establish a business credit profile.

My wife and I are a team in our business too.

Solar has an energy credit and Starlink is deductible as business expense. 

Also, you don’t need a business license just to look at properties, but if you buy a bigger property, like a multi-family unit, you might need a certificate of occupancy, depending on the local rules.For business trips, most expenses can be deductible, but if it’s part personal and part business, you can only deduct the business portion.