Tiffany, you'll probably find that subbing out more of the work that your husband is doing will allow you to grow faster than hiring an employee, but it just becomes a math problem to figure out if increased labor costs are offset by the higher overall revenue generated by doing more flips each year.

Two things you are missing is annual rent increases, say 3-5% (or more) a year, and price appreciation. 

Prices have definitely increased.

Does anyone know what kind of a tax increase I can expect, or is there a resource where I can find this information?

Does anyone know what kind of a tax increase I can expect, or is there a resource where I can find this information?

I plan on the next investment to cover the increased mortgage payment and would like to continue to use the equity to accumulate more properties.

Eventually they will ask you outright if you own the place and you’d have to lie and it’s not worth hurting your morals or integrity in my opinion

I have tossed the idea of doing a flip or 2 for the capital increase so when I do jump in my entire savings will not be held up. most duplexes I have looked at show anywhere from a 5%-9% Cap rate.Also to add some info, I'm not looking to get rich overnight. anything with 120+ a month income per door is just fine with me.

I’ve heard opinions from both sides, but wouldn’t mind additional feedback in light of current increasing interest rate environment.

Like everything it gets easier as you go along, and for many people the increased risk is worth the potential for increased reward.The upside of turnkey is that there is very little work involved after the initial due diligence you do to select your provider.