Dear all,Need guidance around Real Estate Professional exception for passive loss rule when managing multiple rentals.

Hello all, My name is Kyle and I am new to the world of professional Real Estate.

Insurance is going to be your main issue, as it is costly and having been on three boards, we were risk averse to changing it or losing it as I recall insurers bringing up details from bbq to pets, etc. and when you have a claim, really it seemed a struggle, and if they can get out of paying they will..even got dropped once...Maybe have the master policy professionally examined to see what is allowed and, worst case, explore if you can get legal help to work out a mechanism to hold the association harmless (be it your own policy, plus umbrella, and maybe indemnify the association for any claim)....some great advice here and some firms may be more willing to write the policy.

They are nice young working professionals, and I have no doubt they will, if not already, return their deposit share back to the leaving tenant.

Everyday I am learning new things from professionals, websites like BiggerPockets, some available webinars and more.

From beginners to professional full-time investors, all are welcome!

I am a finance professional currently, so I bring that mindset to the table, as well as a good eye, a passion for property improvement, and some funds.  

Sending a typed note will demonstrate your professionalism and should show a responsible tenant to sign a new lease.

I'm having a problem wording them, if you're able to work them professionally it would be great.

If you can talk in the same language as them, the judge will see you more professionally.