Under the IRS rules, a person  qualifies as a real estate professional if: (1) more than one-half of the personal services the taxpayer performs in trades or businesses during the tax year are in real property trades or businesses in which the taxpayer materially participates, AND.....(2) hours spent providing personal services in real property trades or businesses in which the taxpayer materially participates total more than 750 during the tax year.Like @Greg Scott and @Russell Brazil mentioned above, I don't believe that you would qualify as a REPS, but if you are going to try it, make sure you document it very well (i.e. with some kind of proof, like time cards, mileage forms, and/or receipts, etc.) so that just in case you do get audited, you at least have something to provide to the IRS agent. 

Hey BP Fam- What is the best hard money lender for someone who is new looking to fix/flip? 

I know there are many avenues to go down for funding, but I am looking for good advice on the best approach for this, and if using investor money is the best way to go, what is the best way to set up the payout back to the investors, via.. partnership or ROI. 

Self managing out of state is very easy if in class A or B+ market.

Three are VA loans.PM me if you have questions.I wish you all the best. 

Best of luck - if you ever need anything out this way, don’t hesitate!  

At best they might be using national data, but that's not useful unless it separates Class A, B, C & D properties. 

My property managers will send the bad debt to a collection agency, but the chances of anything happening are very slim.

The conversation is best with an attorney, who can advise you on the risks of holding more than one asset in an LLC.

Best of luck on investing.