Thinking I could save money by doing everything myself.

My goal is to go all in and retire from my police career.

All the money I get from the property goes straight back into the HELOC as I don't need the cash flow now, the idea is once it's paid off I'll have a little retirement cash flow. 

I’ve always had a good grasp on saving money but never knew where I wanted to put it.

He recently purchase a nissan tundra because he said it saves him money on picking up materials and quotes from general contractor.

However, if your profit (the difference between your adjusted cost basis and net sales price) is greater than $345K then you would have some tax savings. 

@Adam Zach, @Carmen Lewis My understanding they will need to save for a down payment.

As it's my understanding AZ is a community property state, you could treat the 50-50 husband-wife LLC as disregarded and file Sch E under Rev Proc 2002-69 instead of a 1065 to save compliance costs.Talk to your tax CPA/EA and attorney.

Being an electrician by trade can come in very hand and save a lot of money. 

Saving 24k didn’t seem worth it.