For your first BRRRR, finding a good contractor and possibly a property manager is key if you’re not handling everything yourself.

So it is fine for us to just list the property under my husbands name on the Schedule E even though we both own it, and I manage it?

We own several properties and now manage 18, with a few more coming online soon. 

In order to have checkbook control, the IRA account will need to be at a trust company that will allow the IRA to invest in an LLC (where you will be the manager and your IRA will be member - an as manager you will have checkbook access to the LLC bank account).

I don't know how much you will be paying a property manager but add that in.

When you say a live revenue manager, what do you mean by that? 

Angel investors might be interested, but you'll likely have to give up a portion of the ownership or future profits, and there could be potential complications in managing the investor's expectations and involvement.

You could trim your expenses by eliminating property management - you can absolutely do this yourself on a 6-unit, even as a newbie.

I'm an investor, flipper, and property management company owner in central CT. 

Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.