I would tend to agree with the other CPAs typically.The 500-hour test is one of seven material participation tests used by the IRS to determine if a taxpayer is actively involved in a trade, business, or rental activity. 

I've been speculating the markets in the Midwest for some time now and recently decided to make a post on BP to attain more insights from people who live & invest in these markets.

I am no expert and just do what I am told.  

@Brian Eastman , @George Blower , and @Dmitriy Fomichenko are all experts in the SDIRA/Solo 401k arena and, I'm sure, will be happy to give you more details.

Lots of other people had bad experiences. 

What’s your process for vetting and selecting the right people for your team?

The people that run these companies usually come from an "investment banking", real estate, or construction background.

As you know, this part of CA is nothing like what most people associate CA with.

Both offer unique advantages, but understanding the trade-offs is crucial for making the right decision.

She is a real estate agent but rents so no property to place a lien on.Sorry to hear this but its good that you share this as people only see $ signs when the think seller financing.