These methods involve securing financing, identifying suitable properties, and overseeing renovations.

Depending on her income level, she may be able to write off a portion against her income.

Local investors can now get additional discounts by moving up the food chain and buying as notes and, on mortgages secured by vacant properties, utilizing the preREO strategy to generate revenue during foreclosure process.

At this time the primary goal is passive income and then scale within 5 years as I gain more experience and network. 

Financing Strategies – I’d like to put 15%–20% down—what’s the best way to secure a loan with manageable terms?

You should not start the conversation trying to secure a seller note or haggle for a lower purchase price.

With you being qualified for an FHA loan on your next home that you're purchasing, will you be using the rental income from your departing residence to offset the mortgage payment on that property?

Especially in today's high interest rate environment, a low income buyer is usually going to be better off renting than buying.

Secure that income stream with your other keepers.  

Yes, as S-Corp owners receiving W-2 wages, employee deferrals to a Solo 401(k) are subject to FICA taxes (Social Security & Medicare).