It's a fun game to play with friends.

I just play one on TV.

This is where being a good "salesperson" comes into play.. 

I played contractor, leasing rep, and sales rep.

I want them out, so they should leave or I'll have to play hard ball.3.

( I just moved to SC from living in Dallas for 20+ years ) I definitely know a lot of fire fighters that run whole other businesses on their off days - so I think you can do it especially if your interested in making it happen - its going to be pretty intense though if you want to build up your real estate business - you just need to really leverage your relationships you have already built in your community - which I would think would be easy as a firefighter.

Not the more intense aspects like roof, electrical, etc.

If you’re concerned about owning and controlling the building, condos probably won’t ever be a good play for you.

REP would come into play if you have losses - expensing items creates a larger net loss and REPs losses aren't capped at passive activity income.

It can be a pretty big deal and isn't anything worth playing with.