Stakeholder Capitalism - Klaus SchwabBlack Swan, Fooled by Randomness, & Anti-Fragile - Nassim TalebThink and grow rich - Napoleon HillHuman Action - Ludwig von misesScaling People - Claire Hughes JohnsonHow to Win Friends & Influence People - Dale CarnegieThe 7 Habits of Highly Effective People - Stephen CoveyThe Road to Serfdom - FA HayekThe Millionaire Real Estate Agent - Gary KellerRich Dad Poor Dad - Robert KiyosakiThe Law - Federic BasiatRaising Private Capital - Matt FairclothAsk me about any of them!

Highest profit margins, just need to be flexible enough to take on the task of moving around. 

2- If I employ a full-service property manager to handle tasks such as cleaning, maintenance, booking, and guest communication, while I focus on business aspects like property search, renovation, decoration, bookkeeping, and supply procurement, would this still qualify as material participation or could it pose a risk?

Additionally, setting up leases and utilizing software platforms will simplify administrative tasks.

They can handle the front-end communication, allowing you to focus on more critical decision-making tasks.

We are now investing in an advanced CRM that will interface with our PM software for even more customization and automation - including hiring a specific expert to implement it for us.It will be a painful learning curve - short-term pain, for long-term gain.Suggest you make your list as you learn on the fly about what various softwares offer.Check these out: Buildium, Doorloop, Appfolio and Rentvine.Take your time, because switching is another painful task:(

Well I never thought I would be the one saying something like this......but I have a recent good news story about a warranty company.Based on an experience over 30 years ago, I have been on the anti-warranty bandwagon and even run them down on this forum, but:I bought a house last summer (primary home) and the sellers agent threw in a Home Warranty.

While simple tasks like patching holes and repainting can save costs, it's safer to hire professionals for jobs like installing recessed lighting.

The longer that you hold onto these in our area, the better chance that the city/state is going to pass another anti landlord law.The longer that you hold onto these, the longer that you're not able to get into those index funds or other stocks.

Now i have been tasked with helping my mom invest the money in her 401k account, I was wondering if there was a way to be able to take out 100% of the accounts balance to buy property with it .