In the next 25 years the population of 400,000 will probably double due to the young having kids, bette health care, migration from poorer countries and Expats. 

You will also be able to show you have good cash reserves, good credit, a W2 (they don't care about job gaps) and you were part of a successful Joint Venture with an experienced fix-and-flip investor.  3.

Mentorship and joint ventures are excellent ways to gain experience, and it’s essential to start small, communicate clearly, and build trust.

If you want to share in the upside (but also risk your capital) you can do joint ventures with small investors.

Quote from @Albert Johnson: Tenants never complained of a health issue.

If you take title to the property as an LLC with you as the only member (and that elects to be taxed as a sole proprietor) then the property will still be reported on your joint tax return and that would be fine.When you sell you can sell as that LLC and buy as the same LLC or another disregarded LLC, or as you, or as you and your wife, or as just your wife.

But the other side of the coin your expenses go way up when your employer is now not paying you any bene's and you have to pay all your own health retirement self employment tax AMT tax etc etc. trying to do this with max leverage is going to be a long slog to replace a 150 to 200k a year job with bene's.

Also, the ability to export reports for partners or lenders would be a plus.Essential Data/Analytics: Reliable rent estimates, cap rates, cash-on-cash return, operating expenses (especially maintenance and CapEx), and local market trends like population growth or job market health are key for decision-making

My questions in my post are solid, my info about Cleveland is accurate based on Cleveland neighborhood grades and Cleveland health systems, and my property values are fact. 

Balance Sheet is a snapshot of the company's financial health at a specific point in time.Income Statement is a showing us the health on an operating POV.