Typically it’s a secondary use meaning the land must have a primary use (like a home on it).

Quote from @Godsheritage Adeoye: Hello, I’d like to know how investors typically handle Subject To contracts.

For example, if the typical rent per unit is $1,500 (3bd 2ba), my landlord at the time would have one unit with three rooms and four people within the unit (one person per room and one room with two people), each paying around $500.

Nice try, but this time does not count.In order to meet 750 hours, your wife will need one of the below:- do something else real estate related, like wholesaling or realtor- actively work on expanding your rental portfolio - have an extensive DIY rehab, like a month-long full-time rehab (and then she might need another kind of rehab)- a calamity such as multiple properties damaged in a storm where she will have to deal with insurers and contractors- something else out of the ordinaryAgain - if all you have is 9 single-family properties with stable tenants and typical occasional maintenance - you don't have enough work to collect 750 hours.

That being said real estate investing is typically a long game and with just 2 years under your belt you’ve just started.

I am planning to get into the TN real estate market as my first investment and am looking for some information.In particular: Areas to steer clear of, property management fees, typical cosmetic rehab costs, etc.My strategy is to put large down payments on 2 properties (relative to housing prices) to help pay for my living in NY while still gaining appreciation in a growing real estate market.

Typically, the same applies to LLCs where you and your spouse are sole members (single or multiple member LLC).

As a new fix and flip investor lenders will typically want to see 20% down payment and will be able to fund 20% of the rehab budget (80% LTC). 

I typically host single family homes, but have been asked to potentially host an apartment complex of 22 units.

.- Maximum build size: typically 800 square feet or 50% of the size of the primary residence, whichever is smaller.