Maybe you can do a joint venture first in NC to test the waters and build your team there.

The two years consisted of negotiations with the land-owners, site tests, city planner meetings, city commission meetings, etc.

For us, we are looking and doing LTR or MTR furnished room rentals but its very operationally intensive.

You can still make good money otherwise I wouldn't be doing it, but property management is still fairly labor-intensive over a decent-sized portfolio. 

If you don't see evidence of mold but the tenant insists, offer to hire a mold specialist to test the home.

I'm in between renting it out or doing a live in flip, but I'd say I'd like to do both by doing a less intense fix n flip, then hanging onto the property once I move in a year or two.

Basic services like garbage collection don’t qualify.Material participation: Owners must pass one of the seven material participation tests, such as:You spend more than 500 hours working in your short-term rental business.You carry out all the necessary tasks to run the business yourself.You work more than 100 hours in the business, and no one else contributes more time than you do (this is often considered the best and easiest test to meet).

Your pitch doesn’t pass the smell test.  

Give it a test drive and you'll know what's comfortable for you. 

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