I want to run a worst-case scenario simulation - We are assuming that the market MAY go into recession over the next 5 years (2019 to 2024).

I have an interesting scenario with a business and the real estate that it’s using and I’d like to get your opinion!

Of the 39.0 acres on the county property appraiser, 25.5 acres is zoned timber, 2.0 zoned residential/AG, and 11.5 wetland, an arrangement common in my area for either Timber or Cattle to save property taxes. 

If 2018 you may qualify for the "mom & pop" $25k allowance on passive real estate losses as long as your AGI is within threshold.Being categorized as a real estate professional just allows you to make a grouping election with respect to your rental real estate activities for a material participation determination.Your tax advisor should be explaining the pros, cons, and impact of all scenarios."

The only full time work experience I have is through internships so I don't have a steady income that can support a mortgage (worst-case scenario) but I do have a high credit score that I have built up over my college career.

this is fairly common practice in low income areas Ideally you’d never do this but in some rough neighborhoods where everyone is on assistance it sure can help

If your best case scenario is 100/door with only 5% vacancy and no PM fees/variance/cash reserves being funded monthly, there’s a high likelihood you’ll be in the red in my opinion based on the info provided.

Ultimately, just use your common sense.

But these scenarios aren't anywhere close to being the same thing as brokering without a license, which again is clearly illegal.

I help run a community laundry night in my town and a common complaint is that there are never any available machines in the large complexes...so maybe if a machine is available they cram it full trying to get all their laundry done at once.