I decided to go the rental route, as my strategy involves buy and hold and more of an emphasis on cash flow.With that said flipping has intrigued me, I mean the payout sounds great. 

The American stock market volatility and Global trade war were the canaries that already have me leaning back waiting for a 25-40% drop in real estate values across the country.

The emphasis is on ownership and if you don't own the property you cannot wholesale it.

While I am definitely happy to have additional income coming in I believe that the compliments brought it all home for me especially after all the nonsense I had to deal with for just that 1 unit.The lessons I would like to pass on with emphasis in renovating is: if you are going to do something do it right, pay attention to detail, don't be afraid to spend a little extra money to buy something more premium to get an edge on your competitors if you can afford it and its just, and take every misfortune as a lesson so you can do it better next time.So the next time you are going through the struggles of doing a renovation just wait till you see the looks on your buyer/renters face and that will hopefully motivate you the way it motivated me to be the best you can be.Stay frosty BP community!

Alaska is an opt-in community property state that gives both parties the option to make their property community property.Here's the direct IRS quote (I've underlined for emphasis):Joint Ownership of LLC by Spouse in Community Property StatesRev.

I got a college degree in business with real estate in emphasis.

Unless you raise all tenants to a new market rent all at once (which would create a riot in the street) you'll have to deal with loss to lease as a component of your economic occupancy.Being 100% economically occupied for two years means that you have no vacancy, have collected every dollar of rent, and haven't raised rates globally (creating loss to lease with existing leases). 

That stated I've got a contact who's a major player in the Global Oil industry.

I'll put more emphasis on the 'walk away money' as you mentioned.

I'm local to the area, a Realtor, and a Community Association Manager (Condo & HOA Management).While I'm sure that with enough digging, you could find out the rental rate then vs now, it's not tremendously relevant.Brexit will obviously have some impact globally.