I am in one of the higher tax brackets and could be saving around 40k~ a year on taxes with this.

There’s a small annual fee for registration, so make sure you stay on top of this to avoid penalties.2.

This isn't to say you can't flip properties part-time, but it will come with challenges.

Most likely those would be smaller apartments, sub 50 units.It is harder to find solid property management on the smaller apartments.  

Quote from @Jay Hinrichs: I think so at least for the ones we read about on BP..I had the same experience total loss on multiple syndication deals So I am feeling pretty good about how we are doing..

It all depends on the walls you are hitting.

It will be highly dependent on the district and licensing.

The house has been on the market for many months..."

Obviously, the at least 42 input variables can be adjusted to your own risk tolerance, but this is far easier/quicker than to re-create the entire input.You can find the link on my profile page.

Just to be clear, I am not in anyones corner on this one, I recommend everyone always do their own due diligence as part of any deal.