Taxes are fairly high so that should be taken into consideration.

Unsuccessful Property Search: Hours spent on unsuccessful property searches, where no purchase is made, do not qualify.On-Call Periods: Instances where you are on-call but do not actively perform work do not count towards material participation.Meeting Requirements:Maintain Detailed Records: Keep accurate time logs and records documenting your involvement in material participation activities, supported by evidence such as emails and calendar appointments.Seek Professional Guidance: Collaborate with a qualified tax professional to ensure compliance with IRS regulations and to optimize your material participation strategy.I hope this high-level overview gives you insight into what activities matter and ones that do not.

The lot is 3x the size of the other option and the home has very high potential for value add.

We highly recommend though, having a local expert that you can run addresses by, to confirm the target property in on a good block before signing a purchase contract.

One idea that I have been pondering is buying a plot of land in a relatively good location with high odds of appreciation then placing a prefab house on top of it.

Can highly recommend them. 

Some believe in cash flow later down the road by buying class A/B in high appreciation areas.

Advertises downpayment assistance through crowdfunding.Coastal1, RICoastal Federal Bank of NCConsolidated CCU, high LTV NOO LOC, OR, WACommunity Credit Union Will do HELOC on a rental in Florida.Connexus Credit Union, PACredit Union West, AZ 80% LTVEast West Bank, up to 60% LTV with "no docs” CA, WA, NV, GA, NY, TX and MA.

When you pull their credit, go through each item and check to see if they continually have high credit card debt, if they have any 30, 60, or 90-day late payments, ensure they don’t have any judgments or collection items, and see if they have any large payments that will hinder their ability to pay rent.

That’s $30,000 over the five-year hold.Just for kicks, notice the same value invested in a “high” interest savings account (earning 1%) over five years would earn a measly $5,000.That’s a difference of $25,000 over the span of 5 years!