It will take additional effort/coordination. 

No amount of reading, seminars, or online “expert” advice replaces the depth of knowledge a coordinated local team provides.

My landlord at the time recommended the unit to me and coordinated the sale with the owner.

Once the properties are live, managing guest communication, pricing, coordinating turnovers, and handling issues also count.The main thing to watch is if you’re outsourcing cleaning and lawn care.

In most cases, your property manager can coordinate things like appliances, handyman work, and getting the house fully rent-ready, so you don’t need to worry about being there in person—they’ll usually have vendors they trust.

@Erica Davis As an out-of-state investor, choose a property manager who is tax-literate: They need to understand the material participation rules, and they should coordinate with you if you plan to meet REPS or STR.

., coordinating with contractors on real estate developments) counts as part of a real property trade or business.Non-Qualifying Activities: General business management tasks, such as handling payroll, marketing, or administrative duties not specifically related to real property projects, do not qualify.If your company’s work primarily involves real property projects (e.g., plumbing for new construction or remodels), and your role as an owner includes overseeing these projects, those specific management activities would qualify.

That means the time and energy to obtain, coordinate and manage the resources.

I’ve seen that strategy work really well when coordinated between the CPA, estate attorney, and insurance advisor.

My coordinator (who is now a new person since my original coordinator left) has said that the rent payment has not gone out to me due to an accounting audit.