Tell the possible contenders you are interested in how they format their statements and what information they include.

Quote from @Jay Papasan: Quote from @Jose Alonsoo:Good after noon real state family.I have an opportunity to but a sub to property right now.

Any recommendations on the most efficient way to track your time when classified as a real estate professional?

Hello Adam, The way I draft our contracts in Pennsylvania I include a clause that requires the tenants to carry $10k in personal property and $100k in liability.

Opex has been a huge hit to most property owners in all shapes and forms, myself included, but to know to keep your back wide enough to cover your own you'll be able to navigate these waters just fine. 

I am looking to invest outside of California for the first time.

I don't understand why someone would ask if now is a good time to invest in section 8.

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

It is hard and will be a full time time job to do it right. 

I would more trust a mentor who was part-time, spending maybe 10% of their time mentoring and the other 90% doing deals.