We personally would save up the extra income from the tax free, and add in any hazardous duty pay, family separation pay, hostile fire...whatever...and then use the 10% military combat savings program. 

Is there a separate entrance to the basement. 

When you have these items defined early and before they happen then you are not making a rash decisions with emotion attached to them.  

And I would also add never make an investment based on emotions.

An S-Corp is intended to be active income and if the gross receipts in an S-Corp from passive income go over 25%, the IRS can revoke the S-Corp election and automatically convert the entity to a C-Corp.For my clients who do both flipping and buy/holding, I usually advise them to use two separate entities for the two activities.  

Establish condition and comps, etc), another tab for Buyers and their contact info, one tab for Fundamentals (some of the basic calculation formulas and things to think about), and finally, one tab for contractors and contacts in the area to address any potential problems with a property.Create a deal template in a separate file where you take all the info gathered from above and populate the template in order to send out to a prospective deal buyer...And that's as far as I've gotten.Any input on how to get a wholesale deal down on paper would be helpful...I need that too.

I don't have much of an emotional attachment to the house even though I've lived in it for 5 years.

@Xavier BenitezYou need to do separate contracts for the following reasons :- If you are using a TREC contract you can only input one legal description- If you are getting a loan other than a commercial loan, you will be getting 3 loans so you will need 3 contracts- If you are wholesaling them you have more options to separate- You will want separate title insurance for each property- You will want a separate deed for each if you are holding them 

Turns out it wasn't real estate she was opposed to, it was investing without having a cash buffer in place for the family.We now have funds for investing and separate funds just for family savings.

Is that 3 separate people or what is the situation?