Does anyone know of any study materials other the books to help me pass the first time.

RE professional is not limited by the passive loss limitation on the property he/she materially participate.

The worst thing that could happen is contractors dont pick the best priced ,materials (excess expense), or they order too much material and they keep the extra material for another customer.4.

I told contractors I have been interviewing that I want to buy/pay the materials myself.

That contractor will also need to be well funded because FHA controls how the payments are made to the contractor and they will need to be able to pay for materials and payroll well before they are rembursed for most of it.

In order to be classified as a real estate professional a few things are needed, 1) You spend more than 750 hours per year as a "material" participant in a real estate business, which could include management, brokerage, construction, leasing, rental and operation2) You spend more time in real estate businesses than all other businesses(including employment), that you're involved in, combined.

That would be a business card, used solely for the purchase of materials, if at all.

There was material in the kitchen so I couldn't get a good picture of the floor, but I will in the next couple days.Next up in the plan is to start work in the basement

Builders are complaining about the "unrelenting cost increases" of building materials.

Search House Hacking on BP and you will find tons of material.