Im not sure which areas you were looking at in Idaho, but I'm very familiar with my service areas which include the entire panhandle and I'm happy to answer any questions if you want to dig deeper.

Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (including taxes/Insurance)Currently rents for $1550 (room for upping rent to $1600+)In the 2 years Ive had it, Ive added a roof(insurance claim),new windows, new bathroom, plumbing.

That includes 35K to furnish 4 units.

Additionally, your wife's citizenship status should not impact your qualification for the exemption as long as she is a resident alien with a valid Social Security number.

You are doing all the right things -- immersing yourself into this world with reading, podcasts, and social media -- and BP! 

Those are typically homeowners.If you're already losing money with just PITA, you'll be down significantly when you include maintenance, turnover, recurring capex and vacancy.

Hey Ricky -Some DSCR lenders have short seasoning periods (including under 3 months) which could be a great option to explore.

If you plan to do property management in this area get your website up and running, get some paying clients, social media, and all the legal done first.

Look up Medicare's IRMAA, Social Security tax rates (no idea if you will see this, but it will likely be around is some form), and the Widow's Tax Trap, which will cause the remaining member of a couple to pay so much more in taxes.My point here is that deferred income may seem nice now, but you will come to hate yourself when the taxes come due.Regards!

We are invested in 3 multi family syndications and 2 multi family funds (the fund is nearly the same as a syndication but includes multiple properties.)