Hi @Kenzer Hodgson to @Sarah Kensinger's point above, I'm not a fan of so many people spreading legal advice/insight on the forums, but at least it's better than Instagram/Facebook and YouTube. 

There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!

Both me and my wife have full time jobs. 3) That $5875 is the 25% of contribution that S-corp can make towards employee retirement. 4) Thank you so much for improving my understanding on how 401K limits are calculated.

I would want to make improvements to all units and increase the rent to market value when the renovations are completed.

She paid us up front for 12 months of rent & then paid herself each month & at the end of year 1 she paid us for another 12 months...she did this until her credit improved. 

A potential challenge with a HELOCs is they are based on the current appraised value of your home, not the improved value, so you would need to make sure you have enough accessible equity.

On the rental property side we will go through another round of capex improvements, mostly driveways and roofs.

almost every youtube video ive seen. but I have learned my lesson.

Most of the methods are for advanced investors and not nearly as common or easy as portrayed by YouTube gurus selling courses for a living.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.