Likely, but you're ensuring a (potentially) happier and more loyal tenant for the long-term. 

Note: This all pertains to the 2022 tax year and I still have a W-2 job which is the main source of my income.Given I've only owned a rental for one year (also my first home ever) and I'm very new to rental-related taxes, I of course hired a "good" tax advisor/CPA to help ensure I stay out of trouble with the IRS.

Where do I start;  how do I find the right properties; what to look out for; what outlets do you use to ensure you don't pay too much for a property; what strategies should people in their mid-40's use to maximize the probability of success and profitability; etc., etc., etc...

It’s a good idea to review local real estate development compensation norms or even consult with a lawyer to ensure the deal is fair.In your uncle’s case, the terms seem fairly favorable to the engineer if he is only handling the development and not contributing any capital.

., must share certain attributes (bedrooms, bathroom, etc.).T3: Compare property typeIn "The Book on Flipping Houses" by J Scott, it mentioned about adjusting the value of the comps to ensures that they resemble the subject property as closely as possible.

Always make sure to have written agreements in place to ensure consistency and avoid misunderstandings.Good luck!

Im just going to bullet point my takes on the calls for simplicitycash on cash  400 - 600 depending on how much in saving you apply for the property(most used 20% and goes up to 40%) typically 3-8 weeks of rehab- light touch is 3-5 and heavy touch(electric plumbing, roof etc) 6-8properties are bought up 28k with an all in expense of 38 to 58kThey invest in the northeast indy area, area codes are sent to me are 46201, 46202, 46205, 46208,46218,46219According to him the big industries around are construction yards, distribution centers and warehouses like Fed-Ex and Barns n Noble, and pharmaceutical companies Crime rates are in a down ward trend murders per 100dz per 100,000dz  and robberies 40dz per 100,000.

Can anyone give me a candid review to ensure that I wouldn't get burned from this VA company  me and my partner can testify, closing our 2nd for the month in 10days, $11k spread that we anticipate 

For example, certain states like CA and MA have "claw-back" provisions, some states have withholding requirements, PA has some funky 1031 exchange laws, etc.Work with a rockstar QI (like @Dave Foster) and a real-estate-savvy tax professional to ensure you don't fall into any traps.

Tools like Rentometer and BiggerPockets can help compare rental prices, and working with a CPA and attorney will ensure you structure your investments properly.