Foreclosure auctions in major metropolitan areas are attended by a number of “professionals” who have been doing this for a long time; they are knowledgeable, experienced, and have enough capital to buy numerous properties so that they engage the power of diversification.  

If Apartment A is a 2bed/1bath with washer/dryer and Apartment B is a 1bed/1bath with no washer/dryer, Apartment A should pay a higher rate.

We feel the power of Biggerpockets community and are very appreciative for all your feedback! 

Tips (reported tips), overtime, bonuses... all a 2 year average. may be worth making sure you are considered "full time" or have "full time employment" before you apply for a home loan; otherwise, taking a few less hours here and there could result in dropping your purchasing power in the 11th hour. 

In other words, in the power of what it can buy.

Any insights on wage growth and purchasing power ?

You by far have simplified the million dollar question regarding the 'super' powers of the LLC that most beginnings want to know and even some 'timers such as myself.

Reason I mention this is because I had a business management instructor that was a part timer who managed a gas company, he was very weak in accounting aspects, but hey, an "A" is an "A" LOL. :)   

Dust, smells, noise, contractors in and out at all hours...you get the idea.If you're married, this is a decision you should talk over with your wife - and you should give her absolute veto power over it, with a guarantee of no hard feelings if she says no.A solid marriage is worth FAR more than any real estate deal.

With that said maybe think about only having one of your names on it and move it into the LLC after so that it doesn't tie up possibly options down the road for more purchasing power for each of you.