Bedroom rentals is a great way to start and one of the easiest. 

On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but when I've discussed it with professionals, they argue against it.

But be aware your town could try to regulate septic capacity with the number of allowable bedrooms if they start to regulate AirBnBs.

Yes he has to buy the spouse out, either through sell, HELOC, or refinance and then the question being with the equity how would you best utilize that for starting into real estate investing? 

I have some liquid cash in my U.S. bank account and would like to start investing in real estate.

Have you ever considered using your skills and industry knowledge to start your own fix and flip projects?

Have you ever considered using your skills and industry knowledge to start your own fix and flip projects?

I have a wooden retention wall as attached which is about 30 year old I think from the time when this building was constructed, I have made slope down on right hand side corner last year for landscapers, tenants to go into ditch to cut the grass rather than leave it become mini forest with poison ivy plants as well there.

I am very interested in real estate and just starting out in the Philadelphia suburbs.

If it's 11 months left, your hands are pretty much tied.