It’s technically possible to qualify for Real Estate Professional (REP) status with out-of-state rentals, but in reality it’s very tough to pull off.

With the right team of outsourced professionals and a high enough net worth to be financed, you should be able to find financing.

One is tech professional who works nights.

I'm in the Seattle area and can meet in person or do a video call! 

You can still do a cost segregation study, but your eligible basis would be reduced to account for personal use before conversion.I actually sent you a DM with a video resource that breaks down how cost segregation and Qualified Improvement Property rules apply when converting a primary to an STR, it should make the timing part much clearer.Good luck with the transition, and happy to connect!

That said, purely out of professional curiosity, may I ask what you're hoping to learn in the academy?

Few to add - Do they have emergency lines 24/7 in place, how do they confirm and make sure tenants maintain liability insurance, professional pictures and video for marketing? 

Good luck and watch a couple YouTube videos on roofs so you know what to look for.

I did it and cant get into any videos, or have anyone respond to why I cant see the videos.

For your STR, LTR, and land development projects, you can either create separate LLCs for each or group similar ones under the same entity, depending on the risk and scale.To help with structuring, I’ve also sent you a DM with some helpful resources, including a video on entity structuring that covers key options for your situation.Feel free to reach out if you want to discuss this further or need more advice!