Just saw this poll someone put on LinkedIn, Given the choice, How would you like to work in 2022?

Ultimately, it's your wife's choice where she works, not yours.

They say "necessity is the mother in invention" ....... but your timeframe for invention is tough so let's be honest. 1.There are no good choices made under duress. 2.

Depending on the property and financing type, an LLC might be a good choice.

I hope you have either a super rich uncle or are planning on having multiple partners. sounds like the many clothing optional resorts in CA.. just need some hot springs or just heat water.. those are popular. 

Is this not a good idea or is it just not that popular...My plan is to get a HELOC and use the money to purchase two lower priced rentals. 

currently HELOC rate is at 3.00%, down from 3.99% a month ago when the 6 month initial lock ended (i have over 9 years left on my draw period). now the rate is variable. the bank is hinting that the rate on the mortgage will be around 3.5% fixed. i don't qualify for traditional mortgage on my dti (but i do double my income with overtime and bonuses, and my wife will have a new income as well once we relocate) so our family friend is cosigning on the mortgage with me. the bank is writing it internally at 15yr with a choice between amortized or balloon. the building will need a new roof in about 5 years, and leaving $35k in the HELOC for that would keep me happy, so i'm willing to go up to $100k down payment if it makes sense. that would change my loan to $179k from $223,200, but also would tap any funds i might have for improving the property other than the roof, like fencing in the backyard and converting the third floor to its own unit. the new rubber roof would be more like $20-$25k but i like to be conservative. i have heard of people using their heloc to pay down their mortgage principal, which i could also do, but it seems to be a gimmick, and even if not may it be easier to just get a smaller loan amount to start?

Not many choices of PM's in less populated areas.

The warranty company was Choice Home Warranty.

VERY few ever achieve it Then ones who do it in a couple years are few and far between Your comment about paying taxes on flips reminds me of the guys I used to work with who would not take overtime because they said you just pay more taxes so I took all the overtime and everybody else’s overtime I invested the money in the flips and quit the 9 to 5 and retired at 47 30 years later they are still refusing the overtime and still working at the same jobs  I made my choices   You will make yoursI am guessing you are in your 20s   10 years from now you could be semi retired or you could still be here on BP taking about doing something   I hope you choose the later   Of history tells us anything you probably won’tI hope you choose to NOT be normal/average I made my choices You will make yours