And DIY repairs are not recommended for other reasons: it will take you much longer to complete, depriving you of rental income, and you run a high risk of your wife becoming your ex-wife.Same risk exists if you push your wife into becoming a Realtor or some other real estate activity just for the sake of tax benefits.

Highly recommend Umbrella Insurance ^

While I’m not an investor myself, I work with highly trained VAs who support real estate professionals in generating direct-to-seller leads.

I said that was too high for me and offered $170,000. 

Talk to your attorney, and if you dont have one, get one - as @Ken M. said, this is highly specific to the state and the circumstances.

(I also experienced the power of learn by doing buying my 1st investment property, more on that to come.)The Investor Relations Department is Born During my time working with the students and selling performing and non-performing notes, people started asking a lot about the company’s fund opportunities.

You're learning about the eviction process, tenant screening (never "word of mouth" again), the power of a lease WHEN not IF a neutral third party needs to be involved, tenant/landlord laws, and managing tenants who don't care about your business the way you do. 

In high barrier markets, rents have gotten stronger but not the double digit growth we had seen, which was an anomaly.  

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Especially in a high interest rate environment where cash flows on long term rentals are muted and there is significant capital required to purchase and list on airbnb.I live near NYC but would invest out of state in an airbnb / landlord friendly state.