I condo hotel that I'm looking into does all the maintenance, upkeep and improvements.

The terms are different, so you might run in to some issues there. 

@Majdi Chowdhury is this a trick question?

Marketing Techniques: What marketing techniques or platforms have you used to showcase your track record and attract investment interest?

I plan to buy and hold the good ones using hard money and pass others along to interested investors here in the Brooklyn area.

Hi @Luca Perinuzzi - I can talk about this extensively. 

The only way to get a loan in PR is to use a bank in PR or has bricks and mortar in PR (PENFED being one of them).

Hi all - This is my first post, and I’m looking forward to getting some insight.

So you don't need an umbrella.I don't agree with this.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.