For an FHA loan, you only need 3.5% down but if you're going to invest out of state, you won't be able to use an FHA loan unless you intend to move & live in the property. 20% down is required for a regular conventional loan.I started off as an out of state investor living in CA.

Best regards,Robert You got it, it's marketed as cash-only because you can't buy it with a regular mortgage.

I began to track my hours and where those hours went.My understanding is that I can use the STR loophole to reduce my wife's taxable income.

Currently I have enough emergency savings I could go about 18 months unemployed so now my savings is just a regular savings because my emergency savings is solid.

Suppose you find that regular payments are advantageous for them (which is the case for most landlords with several properties).

Send a 3 day notice to vacate by certified and regular mail.   

My wife and I invest in SFH and I have a regular W2 job.

There are a few Duluth or Superior based folks active in the forums with varying degrees of regularity.  

The best way to get into real estate is by keeping your regular job and using that income for a down payment and to qualify for a mortgage.

If it has you will be changing tax free gains in to taxable ones and no amount of deductions will bring you back to even.