They are both legitimate industries that you can make a lot of money in, but you need to put in the work, and be willing to invest your capital.

I would really like to find a way to legitimize, get some business credit, and run wild.

I run a legitimate real estate brokerage and we do our best to raise the bar in the real estate industry. 

If the asset manager is visiting exclusively to make sure property is operating right, it may not be an operating expense, but it is an expense that comes out of the owner's income.So I'm not getting the complaint if they're making legitimate trips.As far as return, think a lot of syndications over the next few years won't be making promised return.

Management companies have been doing this for decades (for other reasons).Cleaning fees have legitimately gone up a lot in most markets over the last few years. 

Alternatively, is it necessary to contact the PHA/caseworker to ensure that the voucher is legitimate?

This is what I mean by qualified demand versus legitimate demand.

@Jon Martin There are technically 7 Tests for Material Participation (but 3 that are most common) -> the individual 500 hour mark, that the activity of the individual is substantially all, and that the individual participates more than 100 hours + no-one else spends more time than them.Litmus Test: Are your hours integral to the operationsThe hours that qualify must be substantially all hours and have a legitimate impact on the rental activities.Activities that generally count: showing the property for rent, taking tenant applications & screening tenants, preparing & negotiating leases, cleaning & preparing the units for rent, repairs, and improvements, managing the construction, purchasing supplies & materials, inspecting the property, responding to tenant complaints & inquiries, collecting & depositing rents, evicting tenants, writing & placing advertisements, and working on your websiteActivities that don't count: education & research, investor-type activities, and travel time...

But those in the business know that for every legitimate complaint from a tenant there are three that are just scammers.I have seen well meaning "Do Gooders" falling for the sob stories of absolute scammers.

I intended to place property purchased in Aug 2023 in service this year and claim two months' rent even though I technically pay myself the rent through my Property Management company that LEGITIMATELY does pay rent/mortgage for using the property as a Recovery Residence.Will this short time period put me in the books as placed in service for "at least one year" since some lenders look just for placement on Schedule E on tax returns?