I’m looking to acquire more properties as well as wholesale some deals and even start some Airbnbs. 

Newbie to real-state and looking to learn ahead of first rental we are planning to find/acquire in ~12-18mo. 

I have a RE LLC with each property in an RPT.I own 3 LTR SFHs in North FL that I acquired pre/during-COVID.

I am on the journey to acquiring a charming 2-bedroom, 1-bath cottage in a popular tourist area.

Because he/she will know the process of buying / selling properties so they can be better suited to ask you the right questions.For example, since I acquired properties in the past, I know the ask clients if they got a home inspection/appraisal / survey prior to closing on the property.

Here’s the kicker; you and sis have to convince the three of you that the places you want to acquire meet that model, and let dad critique your proposals.

When it comes to acquiring lucrative coastal luxury vacation rentals on the Oregon Coast the most challenging components can be permitting and timing. 

This could also be a good opportunity for that 1031 exchange mentioned in your original post (since it doesn't sound like the timing may be 100% for the primary residence exclusion), but only if you want to acquire a similar rental/investment property.

The answer will depend on how you and your partner acquired the property.Did you acquire the property as tenants in common or through an entity?

Acquire enough RE that it takes you or your spouse more than 750 hours a year and 1/2 of your time to manage.When you are a material participating RE pro all of your and your spouses’ RE activity becomes active, allowing you to offset RE losses against other active income.One pitfall of a RE Pro spouse if you are full-time W-2.