Taylor sent multiple email inquiries to our insurance provider asking what risks their policy covered.

However, if you have multiple rental properties it might be impossible to claim that you materially participate 500 hours in each property.

There are sometimes fees associated as well but they seem minimal and scale well since one line of credit can purchase multiple assets.Interested if anyone else is using this lending strategy and what your experiences/recommendations are.

You have to do some more research.Are you saying 200k in cash so you could spread that out among multiple downpayments or 200k via a loan?

I am not saying everyone needs to pay for a mentor....there are multiple ways to get into the game.

They have always helped me fast and have answered some of the same questions I have had multiple times with out getting upset.

KateI also know many operators that have saved a ton of time using Avalara to pay taxes on multiple properties.

When we follow up it takes multiple business days and sometimes more than a week to get a response. 

With enough knowledge you can make a educated decision on which approach you take.My experience:I personally don't sign up for any program who take you aside during events and try to sell packages that is just blatant sales strategy.Once you sign up there is every attempt to make you sign for their programs for bookkeeping, registered agent, LLC or corp setup fee which have ridiculous even with platinum membership.Basic standard structure they suggest to take advantage of multiple deductions can be easily achieved by proper education or work with a good firm like https://wcginc.com  who is local to you.A umbrella C-crop to manage all other LLC properties and take advantage of many tax deductions that are not available with a llc, its also used to take losses up to 100K as startup expenses and dissolve the entity after few years.Few LLC entities for investing in Real Estate, etc preferably in Wyoming or Nevada ( you can find many companies online who can do this for $150 compared to anderson $1500-$3000) , they will claim they have a secret Operating agreement which is bogus.They certainly try to take advantage of tax loopholes and claim to be smart people, my view they are just taking advantage of numbers as per their own statements.

We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.