Spend the first few deals just listening and asking questions.

How much did you spend in the rehab?

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

I feel like if you dont want to spend too much time figuring out the flow then it's a good alternative.

So, as a buyer I would not want to spend money before having a contract.

I spend majority of my time in central and North Jersey.  

Who is their architect for all plans and permitting?

Time is a valuable resource and "spending" it everywhere at once isn't worth the effort.

I know it is expected that you will need to spend some money after someone moves out but I just didn't expect I was going to need to spend appx. $10k to get it rental-ready. 

As a property management company in Washington, we help owners navigate these challenges and optimize profitability if they want assistance analyzing their property or planning future strategies.