Whether you absolutely need to or not, I would recommend doing so regardless.

If you do, you should expect a very aggressive challenge by the IRS.At $350K of combined value it might be worth the cost to get a segregation study if you intend to keep these a long time.

I would focus on credit, consider some alternative options to "free your Benjamins" out of your home, or even consider doing a partial sale of your home to give you capital to get back at it!

If you want to do that, take the course and learn from them.

Would it be possible to connect to discuss more about the process of purchasing property as a military investor? 

Youre right, but if you are doing the work yourself it can be daunting because the buck stops with you and having that responsibility on your plate 24/7 every waking hour of the day and putting in 12 hour days, it can be rough.

It's no guarantee but it's a good place to start.

My guess is we will probably start to see more of this as its one thing for a deal to go bad another if the sponsor is negligent and did not do what they said they would. 

I’d be happy to share some insight into how I got into it and how it’s going. 

It will familiarize you with the basic terminology and benefits.