but careful planning and documentation are essential""...making sure that your wife understands what she needs to do to document her hours and activities."

I was planning on having the tenant pay for all utilities. 

Do you plan on renting out your current house or house hacking it? 

@Chris HainsI use the House Flipping Spreadsheet (https://www.houseflippingspreadsheet.com/) to do the planning, analysis and estimating prior to purchase. 

Connect with The Hard Money Co, Mach1 Lending, MGM Capital or Plan B Homebuyers. 

I currently live in Greensboro and own one property I live in that Im planning to rent out once I find the next.

If you're ever looking to chat more about investing strategies, or need any advice as you start your journey, feel free to reach out.My plan is to kick off my investing journey this year with my first live-in flip.

Make sure to run your numbers conservatively and based on the current as is value if you plan to go this route. 

@Matthew McleanBigger Pockets is a great place to find an accountant specializing in real estate taxation.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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

Unfortunately, Covid decided to change my plans, and I made the decision to hold off, in hindsight it was a huge mistake and no one could have imagined that property values could have increased at such a high rate.