All my doctor clients make tons of money whether surgeons, dentists, etc. 

I have not seen a specific judgement on notary, but the statute lists 11 types of real property trades or businesses: real property development, redevelopment, construction, reconstruction, acquisition, conversion, rental, operation, management, leasing, or brokerage.

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.

If they are professionals, they will tell you the fees are non-negotiable, just like when you go to a professional plastic surgeon vs. a back-alley surgeon.#3 is an absolute must.

Are there repairs/reconstruction that are needed or is it more of a wish list?

A surgeon pet sitting?

Guess which of those three people is an internationally-renowned oral surgeon today?

My plan B is to purchase a Duplex with a finished basement then reconstruct it into an apartment to live in and rent out the other two apartments.

You might want to look at a cheaper school if you are set on that particular degree.I have doctor clients that buy commercial real estate but they are often surgeons or similar making 600k to over 1 million a year income.

A life-long friend of mine's dad has been an oral surgeon for 40 years.