I am located in Jax Florida and use my realtor license for personal deals and occasionally help others. 

I am indifferent to cash flow difference of 200/ month and 500/month, however, I do not want to be in a place chasing long term equity while being negative cash flow.For tax purposes, if I broke even at the end of the year, I would consider it a win.

This encompasses eleven authorized activities within the real estate sector, including development, construction, leasing, and brokerage.750 Hours Test: In addition to meeting the 50% test, individuals seeking Real Estate Professional Status (REPS) must surpass 750 personal service hours materially engaged in one of the specified real property trades or businesses.Understanding Material Participation:Material Participation: Only hours deemed material to the operation of a real estate business are counted towards qualification.

But it comes down to if you want to personally get down and dirty to learn the work or if you want to delegate to a third party. 

The second branch of the site will be a platform to create a personal web page that will hold all of the agent's social media link (kind of like linktree).

Personally, if you have to wait 3 months anyways, it seems like a good idea to take on a project that takes 3 months to maximize returns.

House hacking will also give you some personal "property management" experience.

DTIs do not apply, not tax return / personal income eval

So, if you're discussing business matters with your property manager or realtor during a meal, those expenses could potentially be deductible.Be mindful of distinguishing between personal and business expenses.

Personally, I'd like to see the return of more streamlined processes with the lenders (at least more so than they are now!).