I would like to employ a combination of flipping and buy and hold and potentially dabble in some wholesaling.  

I strongly suggest focusing on the basic personal finance stuff, like finding gainful full time employment. 

She has just graduated from college in the U.S. on a student visa and is looking for full-time employment (her visa is valid for another 10 months). 

I have no regrets BUT if I would have waited until age 45-50 to build it, and instead would have taken my extra income to invest in rentals starting 20 years ago.........I would be employed for fun and not because I needed it.I would build my finances with a certain goal for age 45.........then reassess wants and desires. 

Check employment in depth for both.

Don't forget you will owe self-employment taxes as a result of being a professional. 

Although we will both be “retired” from public school employment, we will want to continue working.  

I tell investors that Zillow recently laid off staff and today employs about 300 people - and not one of them is walking the streets of Memphis or Dallas to help determine the value of properties.

Ordinary income is also subject to SET (self employment tax).

They stated about two weeks ago and they are running all over the house.I was out of town so I went over on Sunday armed with about 120 dollars in rodent bait and supplies.