Hi Will,Speaking from a similar personal debate, one thought that has helped me is to consider your W-2 as a way to interact with different people about real estate.

Investors share various reasons for how they qualify income producing assets, but from my personal interactions and observation, the 1% rule is raised more than any other reason.

You have to understand how closely Huntsville interacts....because Huntsville is centrally located and how all the surrounding areas interact......you can literally go in any direction "out" from Huntsville to where the next hot spot is going to be.... it's growing so fast that the opportunities are expanding......very quickly.   

JPM Private Bank, Morgan Stanley Brokerage, TD Ameritrade Private Client or Interactive Brokers. 

A PM placed the tenant 7 years ago, my interactions with them were positive and we agreed we could live without the PM in the middle.

Every human interaction falls into one of those two categories, without exception.  

Or even worse, you'll become one of the "predators" who does the chewing up and spitting out, where your time is spent DESTROYING people.For some people, 90% of their social interaction in WoW is spent engaging in verbal or emotional combat.

@Kalim KallaNever disappointed by one, but expectations are usually exceedingly low for these interactions.

Interacted to hear how the process has gone for you thus far. 

The tax implications of private lending and the interaction with other real estate activities can be complex, so it's crucial to consult with a qualified tax professional.In general, if you qualify as a Real Estate Professional and meet the requirements set forth by tax laws, you may be able to offset the income from private lending with losses from other real estate activities.