They're a 1031 Qualified Intermediary service in SC and are based in Greenville.

We got the plumber and water damage service there, they were there while the adjuster inspected the property and were able to show him everything.

Basic your business model on short-term rental income is risky in that, over the 30 years, regulations can and do change (not to mention oversaturation resulting from the high interest rates pushing investors to rent short-term to try to get any sort of cash flow).We have the same situation in Canada (less the 30-year mortgages) and that's one of the main reasons, aside from profitability, why I invest overseas like in places like Mexico where there is unlikely to be regulations anytime soon, neither at the governmental nor at the HOA level.

I also buy a lot of turnkey deals mainly through Rent To Retirement with Zach Lemaster. 

Yes you'd be able to utilize the DSCR loan (debt service coverage ratio) upto 80% cashout of the homes value .

My wife and kids would keep that off the table for my main residence, that's for sure!

IMO the main advantage for QB desktop is the cost since you will only pay one time and can be used for as many companies you want.

With real estate, even if you have a great property manager, you will spend time purchasing the property, coordinating construction, responding to issues your PM escalates and organizing your taxes etc...The main benefit to real estate, when it comes down to it is leverage.

.- I see this scenario all the time, borrowers with loan amounts less than 150,000 will get whacked with higher LLPAs simply because of the cost to service and UW the loan.

You need to meet one of them to be considered materially participating.Spend more than 500 hours on your rental businessDo substantially everything for the rental businessSpend more than 100 hours on the activity and no one other individual spends more time than you doSignificant participation activity for more than 100 hours, and your combined activity in all significant participation activities exceeds 500 hoursParticipating in the business for five of the 10 previous taxable yearsPersonal service activity (non income-producing) for three of the previous taxable yearsRegular, continuous, provable participation in the business for more than 100 hoursThe first three are the ones the majority of real estate investors will evaluate and attempt to qualify for....