Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideSee you around the forums!

This is quite simple to do with the help of numerous accounting software available (many free) or even excel spreadsheet.Your wife would be allowed to have an account under Solo 401k is she is also participating/working in the business.

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideSeeya around!

We've been looking locally here in the Denver metro and quickly found that this is not the best market when it comes to price/ rent ratios.I've been reading up on some of the forum posts and BP articles about turnkey rental properties.

Read all the articles on the main blog, listen to all the Podcasts and go though and be active in the forums here and you will get a great education in every aspect on real estate investing.

While I own numerous duplexes and SFRs, this will be my first true apartment building.

You can likely own numerous units and never have to chase a tenant for money.

From the forums to the blog you can find answers to whatever you're looking for.Just yesterday, Brandon posted this article which pretty much summarizes exactly what you need to do.

Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.Also - here's a couple articles you might enjoy:The 21 Best Real Estate Investing Books Ever How to Rent Your House: The Definitive Step by Step GuideHow to Be a Landlord: Ten Tips for SuccessOh - and be sure to set up some Keyword Alerts- especially for "Austin" so you'll be notified when people mention it here in the forums.Thanks again for introducing yourself!

A quick search pulled up the following article, which seems to indicate your son may be too young to employ in an office until he is 14, but that is hardly the final word on the matter.