Sorry, but zero from my commission and here is why: I'll tell you what you need to know, what the likely outcome is in each scenario, and then it's the client's decision.

Your decision on how to proceed will depend on value of your investment real estate, the revenue it will generate and the value of your other personal assets (bank and brokerage accounts, your primary residence, other investments, etc.) .

Don't want to make Spouse as Real Estate Pro my guiding force in investment decisions but definitely something to consider, right?

Wondering if any of y’all have any insight or experiences that would help my decision?

I have seen so many deals be a bust due to incorrect information.

In our world -  its about making Data Driven Decisions. 

Congratulations on making the decision to turn your primary residence into a rental!

But you have made several incorrect assumptions and statements.

So that creates a pretty easy paper trail for lawyers to find if you are sued.Again, your decision and I'm just posting my approach. 

I'm local to you and happy to help you breakdown this decision.