Originally posted by @Charlie Fitzgerald:If leave it alone...it's 500 to paint it and 5 times that minimum to unpaint it... ditto... that's a beautiful 'natural' ceiling so why go to the unnecessary expense.

The cost of filing the paperwork in my state is $125, and it's not complicated. 

But if you don't have a NEED to sell, then taking on unnecessary risk doesn't put you in a better position, if anything, it may be worse.

Right now my short term goals are to free up any month-to-month unnecessary expenses so that I can free up cash flow to invest.

you got a lot of unnecessary items.  

If a 10k EM deposit is unnecessary (in my eyes) for a home which is 100k. 

You may want to take advantage of the fact that you are in different areas of the country and select one of those areas.A partnership of the same skills, in many cases, makes a partnership unnecessary (or makes for slow growth).  

you are married to her, all the money - W2, 1099, or the net amount you receive from the passive income all gets claimed on your combined taxes, you will be paying additional un-necessary taxes on the money you make from the property.

It's a lot different than I thought it would be but still not that complicate after I start to get the basics of how they work.

My last name is too complicated)Since English is not my first language and I started learning American culture only from 2009, everyone's opinion would be appreciatedWhat do you think about the namewww.Developaholic.comBEFORE READING MY REASONING PLEASE FORM AN OPINION OF FIRST IMPRESSIONFirstlyI understand that "RE Developer" has a stigma to it.