It's a key strategy for homeowners to consider when planning their sale and assessing their potential tax implications.

You can find a lot of opportunities in the Sunshine State, whether it's the vibrant atmosphere of Seminole Heights in Tampa, the undeveloped potential of East Tampa, the budget-friendly options in Clair-Mel, the urban cool and community warmth of South St.

I personally recommend that if you have good debt on the first one to take a heloc, and if your debt is meh to potentially look into cashout refi’ing on the 1st building and keeping your eyes open for the next opportunity :) Analyze both accordingly and talk to your lender as well as other investors to get their thoughts! 

Something I want to do, is a potential BRRRR on an SFR or 2-4 unit in the Midwest.

A lower "purchase price" presumably would help both of us from a tax standpoint, but hurts me on depreciation?

I was envisioning a two part calculation for the monthly mortgage payment - I see it as a VA loan analogy with no money down but the loan structured with two interest rates (one for the TSP down payment and one for the 30 yr fixed rate mortgage).I guess the real question to ask myself (using your situation as the model, assuming positive cash flow once TSP is repaid) is whether I am okay tolerating the potential 60 months of negative cash flow to get to the positive cash flow after 5 years.- Maybe if it gets the deal going and leads to a cash out refinance before the 5 year mark that allows me to speed up the TSP pay off.Wow - Great food for thought. 

I’ve been searching in the Sherman/abilene areas for potentially starting out.

Your husband's business is an active one and perhaps more prone to a potential lawsuit.

I'm with you @Noah Laker , I think there is huge potential in college towns and mid-to-large cities so long as you do your homework on the legal side.

In parallel start talking to other potential candidate GC’s to see what their costs and schedules would be like (make sure you ask them how hard it is to transfer permits).