Q4 is where investors double down on active involvement: design, setting up systems, coordinating contractors, managing guest stays, and tracking everything.

Over the past few years, managing work orders and coordinating service providers (especially handymen) became one of my biggest headaches.

We lost money along the way due to how the renovations were managed—coordinating multiple moving parts was challenging, and costs added up quickly.

That means they can only offset passive income (like rental profits), not your W-2 or other active income.Tip: Coordinate timing of renovations with your CPA to maximize use of passive losses — especially if you have other rental income to offset.REP Advantage:If you are a Real Estate Professional (i.e., spend 750+ hours/year and over half your working time in real estate), these losses can be used to offset active income like W-2 wages or business income — significantly increasing your tax savings.2.

The shop does all the coordination with the tenant.

That way, the transactions stay clean and avoid unnecessary friction with the sellers and agents.It’s definitely doable, but structuring it this way carries extra risk and requires careful coordination with all parties involved.

Between coordinating 40+ projects for clients, and being privy to the materials of many, many high priced seminars, I see that there is a science to this.Your first step really is the purchase and you need to be in for under market, if it's a flip. 

You can see if someone is looking for a transaction coordinator; it’s hands-on, you get paid, and you’ll learn the process from start to finish.

I’d love to hear about:- Your biggest daily pain points in tenant communication, lease renewals, or maintenance workflows- How you currently handle accounting and financial reporting—what’s effective, what’s frustrating- Any integrations or automations you’ve implemented (or wish you could) to cut down manual work- Tips you’ve picked up for onboarding new tenants or coordinating with vendorsIf you’ve experimented with proptech tools—or even built your own—let’s compare notes.

Hi David - You can keep the panel where it is but make sure the lease clearly states that occasional access may be needed, and commit to giving proper notice and coordinating with tenants in advance.