Most leases have a drug and/or illegal activity clause that gives you the ability to evict within days. 

I have already learned an incredible amount by just reading through these forums over the last several months, and can't wait to engage with everyone!

Real estate activity; unlicensed personA.(1) In addition to any other civil remedy or civil penalty provided for in this Chapter, the commission may issue a subpoena to any person or persons who the commission has probable cause to believe has engaged in real estate activity without a currently valid license.(2) Subpoenas issued by the commission shall comply with the notice requirements of R.S. 49:955.

Going forward you can separate them into meaningful activities for book purpose.  

It's funny, the pressure of not having a paycheck almost activated a different part of my brain that became more focused, more willing to move to this area of uncomfortably when prospecting for deals and business.

Bloomberg published this article today to summarize a Redfin report that one third of home buyers in the U.S. are bidding on houses sight unseen:https://www.bloomberg.com/news/articles/2018-02-26...Most if not all of this activity occurs in hot markets.

Active involvement or passive?

Scott Carson is likely under the assumption that you are already an active member of Facebook. 

Double check with a tax pro, though.Receiving interest, for me anyway, is one of the most highly taxed activities as well. 

With that said, if there are recommendations for either of the above, or if there are active Agents and PM's on here that would like to meet with me, please reply or send me a PM.Here are my expectations:- I have cash on hand $150k for purchase and rehab prior to refinancing. - I would like to focus on B and C+ properties only.- Strategy is long-term buy and hold.- Purchase price to Rent ratio = 1% minimum- SFR to start off with, would consider multi-family in future based on performance/faith in team.- Minimum 1 purchase 2018.