You'll need to determine the depreciation schedule based on the type of property and the IRS guidelines.

Usually, they come across or work with other investors when these types of leads come up as well. 

And any work an agent would be doing on the loan side, wouldn't the be doing anyway (i.e. communicating with buyers/sellers, chasing documents, etc?)

I’m also a gator lender, and I use the attorney drafted documents that Pace shares with his gator tribe.

What type of spread is common between the 5yr? 

What made you interested in investing in this type of deal?

If anyone is using a tool of this type, please share your experience.

Property Requirements: Are there any specific requirements for the property being purchased, such as condition, location, or type?

The three tests outlined above are applied annually, so you may qualify as a real estate professional in one year and not in other tax years.It is also very important to document material participation.To meet the requirements of real estate professional status, it’s essential to keep detailed records of activities and time spent working on the properties so you can verify your real estate professional status in the event the IRS decides to audit your return.For example, you may keep a contemporaneous appointment book, calendar, or narrative summary of the time spent performing real estate activities.

You can type solar in the magnifying glass in the top corner and find enough threads to waste a day or two on.