Material Participation in a Real Estate Trade or Business.This is pretty straightforward but you must materially participate in a real property trade or business, such as development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.2.

Here are a few recommendations for you:Read Beginner’s Guide http://www.biggerpockets.com/real-estate-investing and check out BP Podcast.If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select that person below.

Conversely, if I don't BRRRR and add these properties 1 at a time skipping the last R then I could reach the same cashflow goal with 6 homes.

I'd be happy to have a conversation. 

Unfortunately the additional fee disproportionately impacts smaller projects (I recently paid the same acceleration fee for  $600,000 SF renovation as I just did for a $2.5M school building conversion). 

Super conversational, haha.2. 

If you are identifying individual private money lenders, you can consider having a conversation with them about using their IRA, previous employer 401ks, or other retirement accounts.

You can search the forums and look at the current conversation that has three pages full of conflicting advice.

I happen to be at BPCON right now and there is a lot of ways to learn with BP.There is certainly many opportunities in Florida for Investing.Please feel free to connect if you would like a conversation on how to get started.

I have a few garage conversions and usually turn them in to flex space - i.e. projector, PS5, Pull out or modular couches etc.