Am interested in a copy of a professional log book as well...thank you...

Seems to good to be true.

This will give you the info on if it is a good place to continue looking deeper and setting up a time to fly out to meet some professionals in that area (agents, PMs, contractors).

If it sounds too good to be true, probably it is. 

Do not try to qualify as a real estate professional with a w2.

I have been investing out there for several years, but am now looking for true partnership of boots on the ground to do light rehabs for my fix and hold strategies.

The 2nd has to be the winning bidder in order to protect the 2nd's interest or if there is a third, the third has to be the successful bidder for the 2nd to collect on it's loan.Your suggested sequence is true for instance, in Sheriff's sales in Arizona, but is not true in Deed of Trust sales in Arizona.

When filing jointly, if one spouse qualifies as a Real Estate Professional and materially participates, the rental activity as a whole can be treated as non-passive for the joint return.

Quote from @Zach Logan: Hi everyone, I am posting in here to hopefully find someone knowledgeable and respected in the tax business for real estate professionals.

Tampa, FL - several major hospitals, MacDill Air Force Base, professional sports and universities and colleges.