I could provide a move-in document that would have tenants e-mail me for non-emergencies and phone # for more urgent matters.On top of it all, I figure I can always just hire a PM at if this isn't as easy as I think it is... 

The wife and I are looking at this property tonight, not as a rental, but as a potential new primary residence for us and our children:https://www.zillow.com/homedetails/12161-E-French-...It's not perfect for our family style, but it does have a nice amount of space. 

You would still report your rental in the personal schedule E and your wife’s activity is still reported on schedule C. 

Again, it's taking the guesswork out of it and putting it right in front of the investor and adding value.Finally, the E in DIE is for equity.

@Charles BrownReach out and I will e-mail you a template.

(e) The tenancy terminates, including the right of possession of the premises, as provided in subdivision 3.Subd. 2.Treatment of information.

Thanks for the shout out @Ryan E.!

I am still not sure how you will be able to write off anything if you go to S Corp or LLC if you are only going to ha e rental properties in it.

A few recommendations:- "E-Myth Revisited" by Michael Gerber (this will have you working on your business instead of in your business)- "Rich Dad, Poor Dad" by Robert Kiyosaki and Sharon Lechter (this provides a more foundational perspective on money)- "Cashflow Quadrant" by Robert Kiyosaki (further builds on the "Rich Dad, Poor Dad" foundation)- "Set for Life" by Scott Trench- "Long-Distance Real Estate Investing" by David Greene- "The Book on Managing Rental Properties' by Brandon Turner and Heather Turner- "The Miracle Morning" by Hal Elrod-"HOLD" by Gary Keller (geared toward SFR)-"The ABCs of Real Estate Investing" by Ken McElroy (geared toward commercial investing)"Multi-Family Millions" by David Lyndahl (This is on my list of "To-Reads".

Ultimately, he presented me with an off market opportunity which he had yet to list...a double wide on five acres.