This sector caters to a wide array of tenants, including traveling professionals, students, and individuals in transition, offering them the flexibility and comfort of a home away from home.

It seems like it is ran similar to section 8 housing with vouchers and specific property requirements. 

They take a bit longer to close but they typically DO close.I think you might be limiting yourself too much by requiring cash only and not listing them on the MLS.

My husband and I owned and operated a Room and Board in CA where we housed 10 individuals who just got out of the jailing system or trying to get clean off of drugs.

@Mason VitalisYou may be referring to the 2-out-of-five-year rule which states that you must have owned and lived in your home for a minimum of two out of the last five years before the sale to qualify to exclude up to $250,000 of that gain for individuals and up to $500,000 if you file a joint return. 

@Chris Dawson What I'd guess @Basit Siddiqi is saying is that a single SFR does not require a level of involvement that, in and of itself, can possibly satisfy real estate professional requirements.

Good cash flow but not as much work required as AirB&B STR few days at the time bookings...   

In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.

Doing a 1031 only just moves your equity in real estate around with deferred tax liability.You have competing requirements. 

They also offer Lend, which lets individuals get the mortage interest rate (currently 8%).