The investors can get back to whole, it’ll just take time.  

Hii I am a first time investor trying to understand if Austin is a good market to buy a SFH and rent.

Since you plan to travel often, focusing on systems and building a reliable team: agent, lender, property manager, and contractor. 

This was my first time ever buying property.

@Tyler Lingle I found a couple prior to even posting this (CIREIA Club) but was curious about others before making a decision on which one(s) to focus my time. 

Your question has been debated between BP tax experts both privately and publicly, for example here: https://www.biggerpockets.com/forums/51/topics/819991-expens...And we ended up where we started: no consensus and no clarity.There have also been court decisions that support my interpretation, even though I personally find these court decisions debatable.

If you do not, I would still love to connect sometime when time permits.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

@Jamie Parker pay for some one-on-one time with @Jonathan Greene - it'll be worth it!

It takes them forever to sign documentation and make decisions.