Have been a scientist, salesman, professional firefighter and through it all, a real estate investor and landlord. 

Qualification Tests Overview:50% Test: Real estate professionals must dedicate over half of their annual working time to a "real property trade or business."

The same developers are the owners of Margaritaville, and they have the same property management requirements there.Reunion - Great location, beautiful homes, 3 championship golf courses, multi-million dollar water park and award winning tennis center - Appears great, but it's hard to make a profit. 

Look into Cost Segregation and talk to a professional.

Negotiate terms with sellers based on your findings and financial analysis, and seek assistance from legal and financial experts to finalize the purchase agreement, financing, and closing process.Having a strong property management plan is crucial, whether you decide to oversee it yourself or enlist the help of a professional company.

Or get a professional cleaner? 

This will take long of course. 

My current HELOC matures 12/31/2024 and I'm thinking this bank will not want to renew the loan (I'll verify this of course) because I've accumulated rentals over the years, and now I have quite a few mortgages.

Inspect your property regularly, or have it inspected professionally, and document these with checklists and signature stamps.2.

Wondering if it's necessary to have a professional to the accounting work as to not mess it up for tax reasons.