That said, I am relatively new to this, and if there is something I am overlooking, please tell me.

What was supposed to help the market, just went the wrong way.

If you are an expert in using rental property calculators and can help me discern which one might be the most accurate, please let me know.

This allows you to meet the material participation requirements based on your combined activities across all the grouped properties.But yes, RE Pros still have to spend over 750 hours in real estate activities during the year (and more time doing this than anything else) to be considered material.

How can we help? 

You bought this with only $30,000 ??????

Additionally, I’m partnering with a friend where we then can take advantage of a first-time homebuyer program, but we’re unfamiliar with the available options in Charlotte.Your guidance and expertise in helping us find suitable properties and navigate these programs would be greatly appreciated.

Quote from @Vincenzo Peter Manzella: This is why landlords or managers should inspect every property at least once a year.

I think this will be a decent deal.

We have guests coming in from England this Friday the 11th.