Readers should seek professional advice.

These are professionals with additional training and a stricter code of ethics.

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. 

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.

Readers should seek professional advice. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Communicate with your tenant on tasks you are uncertain about and confirm if there are comfortable living with fixes you completed or if they would like a professional.

I realized I hadn't thought about it, but it will likely be working professionals, students, or families.

This person may actually be a licensed lawyer or a real estate professional.

Focus on smaller single-family homes, condos with low HOA fees, or multi-family properties in these regions, and build a reliable local team of agents, property managers, and other professionals to ensure a smooth investing experience.