Looking forward to exploring more!

Since I'll need two years of an active broker license before I can act as my own Broker in Charge (BIC) for managing other owner's properties, does anyone have advice on how to recruit a BIC?

Interested in more active bidding.

Recently caught the REI bug and lenders I've talked to will approve $40K-50K max due to the age of our accounts and lack of activity opening new lines of credit. 

Pinnacle investments, smartand, Memphis invest, turnkey properties (formerly Memphis turnkey), Ohio Cash flow, These are just a few that are active on BP.

i keep reading different articles about active and passive income, you say this will be passive, what would constitute it as active?

Quick search on the forums will indicate that all 4 areas you've mentioned have solid activity (buy and sell). 

Just looking to start being active on BP and learn/contribute as much as I can. 

Two reasons come to mind:1) As a last resort after exploring a 1031 exchange, I would sell to get the cash to finance other deals.2) Retire to go traveling and don't want to deal with the tenants and bills.  

SMLLL doesn’t file a return, the activity gets reported in your personal return.