Or maybe you set yourself up more like a professional property manager, where you earn extra money for placing a tenant and/or a percentage of the rent each month rather than just an hourly rate when you have to jump into action. 

The social game is getting professionalized and like short-term rentals in general, you now have to bring your A-game.

Glad to have found a network of like-minded people.

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

I imagine if I cut back a few hours at work I could easily qualify for real estate professional status. 

I networked with Real Estate Agents and they called me about this deal.

You've been around this forum long enough to know the difference between professional advice and random opinions.

Reaching out to the BP community for  recommendations of tax and legal professionals close to my area specializing in real estate investing. 

Readers are advised to seek professional advice.

These are professionals with additional training and a stricter code of ethics.