I am planning on not resigning my lease and starting of my RE venture. 

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

I am now working as an engineer in the Twin Cities, but have plans of moving to Austin, TX with my wife to house-hack and work in the more plentiful tech market over there. 

Would love to hear what you’re focused on or planning!

If you plan to scale, I would get one right away on your first property.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You should also consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

If your doing an FHA and plan to stay in one side you have to figure out what that would benefit you.

The plan is to transition into a new home in 2025 or 2026 while converting this property into a long-term rental.

Rental arbitrage isn’t common in my area ( high point North Carolina) but I was planning on starting in another state.