My goal is to purchase a duplex in a solid A/B neighborhood to operate as a mid-term rental (MTR).I know how important it is to have the right team, so I’d love to connect with investor-friendly real estate agents, property managers, and co-hosts in either market.

The IRS wants to see that you’re actively directing and managing the business — things like approving budgets, coordinating repairs, analyzing performance, and making operational decisions — not just reviewing reports or responding to occasional updates.So while it’s not impossible, it’s rarely achievable unless you’re very hands-on, even from a distance, and have solid time logs to back it up.If you’re interested, I can share a free REPS tracker that helps you record and organize your hours.

You can try this link for more info about ordinances https://ecode360.com/11606535. 

So it’s important to make sure your screening process is compliant with fair housing laws and is based on objective criteria like income (including voucher amount), rental history, credit, and references.There are pros and cons to working with voucher tenants:Pros:A portion of the rent is guaranteed by the housing authority, which can help with consistent cash flow.Many tenants stay long-term, which can reduce turnover.Considerations:The unit will need to pass an inspection, and you may need to wait for approval before move-in.Rent increases, lease changes, and eviction processes often involve additional steps and coordination with the housing agency.As others have mentioned, having a consistent screening process is key.

Good news: I believe I meet the material participation test based on my involvement in acquiring and managing the properties, coordinating rehab, and doing the bookkeeping. 

Denver, CO

The key is having parent co-signers, clear house rules, and reliable maintenance contacts since turnover and wear could be higher.

Essentially, they handle tenant placement, rent collection, and basic maintenance coordination, so you don’t necessarily have to hire a separate property manager for the usual tasks.

Unlike a single-family flip, this was a larger, more complex project that required coordinating across multiple properties, partners, and strategies.The Numbers (high-level):Portfolio: Multi-property rental packageStrategy: Stabilization and repositioning for long-term holdsMy Role: Funding + structuring support for the partnershipWhy This Deal Stood OutI’ve done smaller, single-family flips before, but this was my first time stepping into a portfolio-level deal.

My wife and I are working on fixing up our 4th short-term rental we purchased in October in Westminster, CO.