I bet all of his materials are available on-line for free now.

So tax benefits from material participation etc. cannot be applied.

See if they list any law firms that are involved in the sales and contact them to see if there are white papers or other training materials.#3. 

Without REPS, those losses are usually trapped as passive.You invest in a Short-Term Rental (STR) and materially participate, making it non-passive even without REPS.Multifamily (2–4 units): Great for long-term cash flow and equity but offers limited W-2 tax relief unless REPS applies.Short-Term Rentals: Strongest W-2 offset opportunity if managed actively, though more operationally intensive.Commercial Real Estate: Larger depreciation and cost segregation benefits but still generally passive without REPS.Cost Segregation Studies: Can create large paper losses upfront, but those benefits are often suspended unless REPS or STR status unlocks them.A small multifamily is a great wealth-building vehicle and may help you shelter some rental income from taxes, but it won’t do much to reduce your W-2 burden unless you or your spouse can meet REPS requirements.

Depends on how organized you are and how willing you are to deal with the municipalities, sub contractors, material suppliers and mistakes that will inevitably occur.  

A few thoughts based on your questions:Active vs. passive income for STRs:STR income can often be treated as active if the average guest stay is 7 days or less and you materially participate (which you already do, based on your involvement in cleaning, minor repairs, etc.).

Be Fair on PricingI know what materials cost and how long a rehab should take, so if a bid comes in way too high, I know right away the contractor isn’t treating me fairly.

I partnered with family but I'm managing all the contractors, buy some materials, and DIY projects where I can.We're not using any HM. 

Expenses have gone through the roof the past few years - labor and materials.

go on E bay and buy all the guru's tapes and materials for 10 to 50 bucks read and watch all that stuff then see if anything sticks with U.. this is simply selling info business.. not helping people get rich business.