This is so awesome!

As far as REI goes, here's my history: I had one buy and hold with 3 other investors, which we just sold and I was a hard money lender for one flip.

But as far as whether or not the current arrangement makes sense from a logical standpoint, no it doesn't seem like it does.) 

I am just wondering what should I be doing next as far as taxes, savings, investing, and reading.

Validate your  1acre model as far as units and NRSF. 

Its one of those things you do not know is an issue until it is. So

A casual conversation with another CPA told us that he is so I'm not sure what I've shared that tells you he doesn't qualify?

Even if 80% of the list is going to be old contact information, as far as the numbers are concerned.

Solid underwriting is so important! 

this is so needed in the market . especially in cases for seasoning where borrower has to provide cost of renovation . if this would populate a report and all invoices attached to it that would be beyond amazing of a tool to have