I am excited and also terrified all at once but thankfully for the tools and information I have gained here I believe its a winner!

Additionally, we were also interested in seeing if she could do a 1031 exchange for her investment property in order to avoid a capital gains hit, which would be quite significant given the cost basis in the home.Does this sound like a good strategy, or is there a better way we can go about this?

I am interested in OOS and the BRRRR method and will continue to gain the knowledge necessary to move forward in my journey.I welcome any advice, and I'm looking forward to networking and making connections with other investors and professionals.

Lots of the people that go, do TONS of homework before, and its that homework that makes all the difference, that and skill at the auction which you will gain with time. 

I will still be working full time so I plan to take a year to get my feet wet in landlording, and gain experience before looking into a 3rd property. 

@Jessie Keating Short-term pain = Long-term gain. ;)

It will need to be our primary residence for several years to avoid capital gains tax.2.

These still cash flow nicely with rents anywhere from $800-$900/mo and, if you do a ton of research and buy in smart locations, they will appreciate nicely as Detroit continues to gain steam.

I'm also starting out with flipping to gain more capital to buy rentals.

As a new investor when you meet more experience investors and the only thing you can bring to the table is grit what else can you do to bring to the table to gain a future partnership or mentor ship?