There is an hours requirement but also it states that you MUST spend more time on REI than any other activities(s) A read a tax case not too long ago where a surgeon tried to qualify because he self managed his whole portfolio, yadda yadda...Ultimately the IRS said you're in the Operating room for 10 hours a day 6 days a week.

How active do you want to be in investing?

It needs to have credit score (if reason) or others factors (active collections, etc.) and name and contact info for the credit bureau used. 

My husband and I are both Realtors and active investors. 

He has a seperate job, and is very active in his church. 

Such entity in the ordinary course of its business must be engaged directly in real estate management or development activities.2) Expenses related to the real estate will be paid by the corporation.3) The real estate will not be used for personal use.4) There may be periods of time when the 50% test described in 1(a) above is not satisfied.

One aspect I’m having difficulty with is identifying a strong property management company in the area and I was hoping someone with active properties in the area could make a referral.

I have found 32208 has good returns on rental and has active rehabs.

But if I don't, I won't have an active license.

The other apartments are clean with no evidence of mice activity.