Nice try though.Myth 4: I'm hands-on, so I materially participate"Material participation" is defined by the IRS, not by your Facebook friends and not by YouTube gurus.

I've never had a listing anywhere near this price range but I would begin to research the kind of people my buyer's would be, what kind of jobs they would have, where I could meet and find them.Secondly, I would get professional photography of the property and expose the home on social media and pay for ads on instagram, facebook and anywhere else it would make sense to.

Hey Angela, I would recommend throwing this in a local investor facebook group in your area.

Their policy changes including price increases, charging for every little thing as an "add-on", complicated GUI and the lack of fixes of known problems (posted by their "community" on a Facebook Group), and super slow ACH deposits (which take 10+ days!)

You can also check their reviews online at Google, Facebook, or Yelp.

Facebook didn’t used to have as many ads, and neither did YouTube or Netflix.

The best way to see if there is demand is to look on Zillow (there is a room feature) and Facebook Marketplace.

I highly recommend joining local investment groups (Facebook is great for that) and attending local meetups, such as the ones hosted by @David RamirezI'd be happy to connect with you as well!

You can also check their reviews online at Google, Facebook, or Yelp.

Having a Facebook page is also essential, and it needs to be tending to daily, like a garden.