You will have less to invest, but you will spend within your limits.You must maintain control of your finances.

And how much can I expect to spend on this process?

I would prefer to pay the capital gains today as based on how we spend money as a country, that capital gains rate most likely is going to be heading up in the future not down.

I just want to make sure we are dividing out the cash flow we can spend versus the cash flow we should save.

Spend your time learning your market and learning to market. 

How much $ do you want to spend? 

A tax account ensures nothing is accidentally spent elsewhere, and a marketing account makes sure lead generation is always prioritized.From a credit perspective, connecting credit cards to these accounts on autopay helps you manage spending responsibly while playing the credit game.

If you are uncertain about any of this I would recommend spending a little on a CPA that understands RE investing.

Sure, you are going to be getting/saving the Realtor commision, but in order to do that, you need to spend the investment into the Real Estate supplies that get you there.Thanks, I am certainly aware of the MLS benefits and agree. 

Would you rather spend a half an hour on a phone call, and under $200 to fix a small issue now, or the other end you people being slum lords and not handling YOUR responsibilities in owning, renting properties????