2) Time spent by others: to qualify for the test "100 hours and nobody spent more time", how do we track the time spent by others and what proof would be required in the event of an audit?

I used a promo code provided at the end of a webinar and paid for one full (discounted) year after attending "The 90 Day Challenge" with Dave Meyer.Attendees who purchase the Pro membership are supposed to get the "Real Estate by the Numbers" book as well.

100000% yesI similarly began attending meetups about 4 years ago.

I purchased it ($265,000) in 04/2022 for #2 son to live in while he attends college. 

If you're interested in networking, we have monthly STR networking events in the Denver area that can help you to become more familiar with STR investing here, and connect you with top STR investors in Denver. 

When BRRRR was really popularized rates were very low so the holding costs were much better.There are a lot of local real estate investing meetups that you guys can attend.

You can check the events forum here for ones near you, meetup dot com, and also your local REIA to get started.

Welcome, great community here on BP but also in-person in Central Texas, definitely encourage you to get involved in the lots of groups and events in the region!

If you’re available to meet or can recommend any events or meet-ups, please reach out.

I do plan on building up the savings as much as I can before that time comes as I don’t want to be ill prepared for unplanned events as you mentioned.