If your nest egg is 60k, I would not get started yet if you are willing to burn half of it and can only make 1k/month between you to add to it.

Then she threatens to burn the place down.

@Angela FondeurI would focus all your savings and energy on saving up for a house hack.  

Not to mention it would be so much less of a headache and so much less time and energy invested on your behalf, plus much less exposure to risk, easier to manage etc. to just buy a single multifamily for $800k in a good location with strong underlying fundamentals. 

I've been burned and clients have been burned which made me learn a hard lesson. 

I appreciate the insight on the requirements for transfer, and the advice on where to focus our energy next. 

Making money in flipping is harder than it has ever been, and the chances of getting burned as a first time investor are high.

Recently, I had the opportunity to cash out a portion of my 401(k), leaving me with $20,000 burning a hole in my pocket.

Our state doesn't have net metering (paying you for energy sent back to grid).

Like UBER/LYFT dropping taxi-cab fees by >50-75%, or pharmaceuticals coming off 17yr patent protection and costs dropping >90%, or de-reg, de-monopolization of energy in Texas etc on and on.The verdict/case has also generated enormous interest/buzz among the average public and interestingly a new found awareness that the commissions are entirely negotiable or even avoidable which when you read the 108 page summary report of the settlement, the hundreds of plaintiffs had no idea of and claimed they were lied to by their agents.