I have a growth mind set and want to learn and share through every opportunity.  

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They will put the expenses and categorize them based on what your Accountant has set up. 

Even with very risk-averse settings.  

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Me and my wife have saved a sizeable down payment and have a little money set aside for business emergencies as well.

Would it be wise to set up a new business with he and I as registered agents and lock up deals under this entity?

If you get an LLC, don't use those asset protection companies (they have ads everywhere) who will price gouge you and try to scare you - they gave me a quote for $14,000 to set up a Wyoming Trust over Holding Company over each LLC (one per property) for 5 properties and this isn't including the annual fees each year... ridiculously high. 

I did get a Amazon Echo (the big one) but I never set it up.