This means you will likely be actively managing it yourself, or you will have a manager in place that will eat up a large portion of your revenue (payroll expense).

Any active BP members in the Pensacola-FWB-Destin area?

Hey all,Long time reader/listener - first time poster… I figured it was time to step out of the shadows and become an active member on the Bigger Pockets forums.

I'm actively looking for deals.

I currently live in Denver where the market is HOT, but am actively seeking deals (residential, single and multi-family) to help build equity and a safety net just in case the market bears towards a correction in the next few years.

We sold our property and pretty much broke even.I am now focusing on becoming an active real estate investor.

The more engaged the contractor or investor is throughout the process, the better it will turn out.

You could go to the new subdivision and there were tons of active comps and sold comps.

What is the landlords responsibility regarding parties or illicit activities by a tenant?

I know what the qualifications are to be a real estate professional, but I've read that an election may need to made so that I can treat all my rental activities as one activity so that my hours claimed are considered for all my properties versus needing to prove I spent enough hours for each individual property.