You still need to meet material participation requirements.REPS and material participation are annual tests.Keep in mind there are lose limitations even for REPS. 

If you are local self managing is not that difficult, you just have to have the mind for creating and following a process.

I can save money very fast considering i live a very frugal life and work a lot. considering how expensive AK is i will definitely have to divert and explore the lower 48 market at some point in which i have a few in mind already. it seems you specialize in MTR do you have any tips for me?

Due to my job, I have very little time to actively manage and am requiring everything from furnishing, renovating, and handling the daily responsibilities of managing a short term rental.

welcome @Reed Tripp investor/reltor from Kitchener, but looking to partner up and leverage in the near future in the London/ St.Thomas area as well, it'd be great to meet like minded people near by, look forward to meeting soon

@Chandler Kimble do you mind giving me your contact?

Josephine your situation sounds scary and frustrating at best and potential fraud activity at worst. 

But if you are looking for an active foreclosure list.

I'll have to keep it in mind if this situation comes up.Generally I charge $25/hr for anything requested by tenants with a one hour minimum.My handyman does it.

Through all history how many times has the Fed acted in a good PRO-active manner?