I don't recommend skipping this step even if your partner is not concerned about it.Regarding taxes, you must keep records of all expenditures throughout the process and monetary distributions when you sell.

It’s perfectly ok to rent and live where and how you want with the landlord taking the large expenditures, while you buy rental properties.

Is being on the title enough proof for my husband and I to still take deductions on taxes and write off some of the maintenance/capital expenditures on the rented side?

@Jonathan Bombaci properties will oftentimes have upfront capital expenditures that need to be taken care of that don't necessarily add a substantial amount to the bottomline. 

A few that come to mind immediately are security deposit holding and refund procedures, non payment of rent, advertising, capital expenditures (planning and executing), vendor management (license, insurance, etc), owner distributions (granted it is to yourself but will you operate it separately or commingle with your personal finances), after hours emergencies.

Only the reserves for Capex should be included as part of the operating costs but not the actual expenditures themselves.

., a recession, capital expenditures for repairs, or tenant property damage).Solution: The majority of the forum members are against your real estate due to "speculating," whereby an investor bets that the property will appreciate more quickly compared to their losses.

Also, you mentioned raising rents across the board, but I don't see a budget for capex (capital expenditures) figured into your return.

But when I get a turnover, eviction, or capital expenditure that cash flow got destroyed.Honestly, appreciation way way beats cash flow.   

@Sam Grooms -- When you say "excluding capital events," are you saying you exclude capital expenditures from your calculation of CoC?