Once she moved out a couple years later, we hired a property manager and they have been great. 

Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision

I suggest advising the applicant that you can hold it 10 days rent from, start their lease after that and they can use the additional time to move in at a leisurely pace.

Eviction and early termination history are big, big warning and for many managers, an automatic no.

I am looking for peace and tranquility in terms of property management.

The management company handles a lot on your behalf, besides overseeing the manager.

The value add on this deal is in the MANAGEMENT and OPERATIONS.

The fact that such huge portion of currently sold homes are cash transactions means a ton of foreign cash, hedge funds , holdings and investment management management firms like Black Rock snatching those properties at highly inflated prices.

In the last 3 months we've had several prospects send us proof that someone we don't know, contacted them about a property we manage.

Active management, however, can be seen as employment, which you might not be permitted to do.Forming an LLC: Forming an LLC itself is not typically considered employment.