but i also 2nd @Jay Hurst's sentiments - get a 2nd or even 3rd opinion on DTI/ full doc. i personally love files that are puzzles, i get some weird satisfaction out of figuring out how to make it work on full-doc, especially when my client has been told "no" before. if it doesn't work now, a good loan professional will help you create a path forward.

Investing in a property that’s already renovated, rented, and professionally managed could allow you to start generating passive income immediately without the added expenses of house hacking.What’s most important for you in this first deal—cash flow, appreciation, or long-term stability?

Focus on tax-saving strategies such as cost segregation studies and bonus depreciation to accelerate deductions.By qualifying as a Real Estate Professional (spending 750+ hours annually and materially participating), you can offset your wife’s S-Corp income with real estate losses, reducing your tax liability.

Take full advantage of available tax incentives by working closely with a tax professional.

I personally think it is best to work with local professionals with a good track record. 

Readers should seek professional advice. 

Networking with other investors and professionals is crucial for learning and finding opportunities.

Currently scheduled to close on my first triplex next month and excited to connect with other RE professionals in the area to help me along. 

Readers should seek professional advice.

Do you have Real Estate Professional status?