However, so long as you're spending the same amount multiple replacement properties is allowed either way.

Traveling professors and medical professionals would probably be my target avatars.I am biased though toward MTR as a strategy, and it's not without risk to spend a couple grand converting an empty LTR into an MTR, so consider all of your options carefully.

A real estate professional can use real estate losses to offset W-2 or other income, but you would need to meet both the:1.750-hour rule – You must spend at least 750 hours per year in real estate activities.2.50% rule – More than 50% of your working time must be spent on real estate.Since both of you have W-2 jobs, it might be difficult to meet these requirements unless one of you dedicates significant time to real estate.Another option could be buying multiple rental properties.

Sorry, are you purchasing it all in cash, and then spending money to rehab it? 

Signatures and Legal Advice: All parties must sign the agreement, and each party is advised to seek independent legal advice to fully understand their rights and obligations.SummaryThe hours you spend creating the agreement will likely save your friendship and legal fees.

It's not uncommon that the master bathroom is a 3/4 bath (i.e. has a shower instead of a bathtub) but if you have both already, it would take a lot for me to want to spend the money to remove the tub just to expand the shower.

And no matter how much you spend on the shovel, it’s still just a shovel. 

You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.

Another thing be prepared to spend rehab dollars to fix it up for rent or resale after foreclosing.My experience for average tax deed rehab for rent is $5-15K. rent for $900-$1000/month.winning bid amount $14-32K.Rehab cost for sale; cost between $25-92K , sale for $90-250K, winning bid amount $15-60K.

We, like many investors would just like the financial burden to be somewhat lifted off our shoulders and to not feel so tied down to our jobs but have the option to come and go as we please or are needed and to spend more time traveling with our family!