On whose return is the activity for the property reported for tax purposes?  

I'm actively searching for either a Private lender or HML  to work with me to grow my business, so if anyone could shoot any referrals my way, it would be GREATLY appreciated!

I believe there should also be somewhere around 4 hours per each of those days spent on that business activity (meeting with PM, contractors, tenants, local agents, maybe going to open houses to "check" the market, do work on the rental, etc.)One example I remember was a deductible seminar in a place like Hawaii (let's say New Orleans, in your case.)

LLC is best for rental propertyThe primary reason real estate investors use an s-corp is to avoid some self employment tax from activities like flipping.

It also states cash only and major renovations needed, so would be a good candidate for  you in this area, hard to find.  

I'm interested in taking a look at a couple properties that would require major rehab and would like to have a contractor for estimates.

I have an MLS listing active from my agent to see what’s out there as well.Needless to say, I’ve been a long-time lurker and I’m ready to change that, jump in head first and get into the hardest part, taking action!

In business strategy, one of the first and most important activities is to define your perfect (target) customer and gather as much understanding as possible about what that customer values.  

Those seem like the major two things.

Baton Rouge had a major flood event a year ago and it stands to reason that there would be a huge disparity between purchase and resale prices of properties that are flood damaged.