And the passive loss rules may prevent you from getting a tax benefit if your rental deductions are more than your rental income for all of these options.David OrrTax Modern

If there's a family member or friend in a similar situation, and you can both align on the initial plan (location, home type, price, usage/occupancy, etc) you can pretty easily get a co-ownership agreement in place and even a joint mortgage.The benefit here is it might open up your ability to buy a larger place in a nicer area which could lead to a faster rate of appreciation and overall better living environment. 

And quite frankly, there might not be a benefit of refinancing for a while.  

I want to spread out whatever “wealth” we have into other properties that could potentially benefit us.

It will familiarize you with the basic terminology and benefits.

If you plan to own real estate for a lifetime, this can be a huge benefit to your heirs. 

With completing a 1031 exchange into a more expensive property, their depreciation table would reset as well, providing an even greater benefit. 

They will mostly just split their occupancy rates on multiple platforms without getting too much benefits out of it. 

Your wife as conservator/guardian has an obligation to her mother and selling the property to herself creates a conflict of interest in that she stands to benefit as the buyer and is also making decisions for someone else as the seller.2.

Originally posted by @Kevin Collins:@Ricardo R.From my experience so far it looks like the benefit of turnkey from REI is purely on the property management side (also tbd as they’ve yet to manage it).