Copied from IRS pub 925 under material participation:.Proof of participation.

Alternatively you could just flip.

Therefore anyone with bank originated construction debt or bridge debt is likely happy right now with the rate cut and narrative surrounding future cuts since in many cases these are adjustable rate loans with floors we likely won't see anytime soon.It will be interesting to see whether this cut gets banks who have been on the sidelines back into the market or alternatively some lenders who have continued to lend but with tighter underwriting to ease their guidelines.

Another alternative is to create a fund of funds.

There is some great material on the business mode for bay area that in Biggerpocket. 

So here is the issue:I don't know how your market works, but I would argue that is a material fact to disclose to the next buyer.

I've been researching this quite a bit and am looking into acquiring an STR that I would actively manage and would keep average stay at 7 days or less. I would like to meet the requirement of spending over 100 hours o...

Heck no, but we are better than all the alternatives.

Timing schedule for materials Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I'm glad you found a good alternative solution!