It sounds like we are rather similar regarding being the big picture vision caster and our wife being the detail perfectionist and I'd honestly say that's PERFECT!

You may also need small additional time to allow for staging if you do that.

Still in my initial stages of learning about real estate but I wanted to make sure my background assumptions still valid to help me steer towards my goal.

Sounds like you're interested in college housing.

Im currently in the finishing stages of my rehab & in need of a detailed scope of work for company I'm hiring to handle the painting, compounding , plaster & taping of the house.

@Dave Whittaker That sounds like you might be looking at Morris Invest?  

@Sam it sounds like you are on the right track and getting some great advice here.

Your expenses sound more directly attributable to the acquisition of the property itself.

This would protect you against lawsuit from people getting hurt on the property.You can buy a building policy as well if you want to cover damage to it, but it does not sound like that is the purpose of the investment. 

Lise:  It sounds like your real estate career is off to a great start...congrats on those four successful deals!