this depends on three things:1) your work ethic and personality2) your hunting and acquisition budget3) your timeTIME: If you're working full time, door knocking is out of the question.

And this might indeed require some time to pass before doing that.You could still create a single member LLC with either you or your wife as member. 

Yea, the guide is a living document that I've updated several times throughout the years.

I have used then 3-4 times now 

What is the time frame for everything? 

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Have you taken the time to search AirBNB and VRBO in those specific areas to see how many STRs are operating?

You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.

Collin is correct - take your time and go slow. 

I have been on BP a long time and maybe about eight years ago , a person had a small chance of finding a posted house for sale here that can be flipped.