My W2 job will cover a couple thousand dollars of expenditures per month, and we'd have the rent money from our current home, plus some HELOC funds available if needed, so I don't see financial survival being an issue.

Hello all,I am new to real estate investing but my situation is such that my significant other will have a home up in Vancouver, WA and my part-time job is located in Salem, OR.

Also, QBO's frequent updates and improvements ensure that it continues to meet the evolving needs of real estate investors.Ultimately, the choice of bookkeeping software will depend on your specific business needs and preferences. 

Usually it's split between LPs and GPs, with the GPs taking anywhere from 10-50% of it, which means they certainly have an incentive to improve operations of the property as soon as they can.

I like time with my kids and I work to live and not the other way around.2) I still have to put food on the table and have health insurance which means keeping a W2 job. 

And how can I improve?

When putting together our first multifamily deal, we built in a cash reserve to be used over a five-year hold for such things like capital improvements and unit upgrades.

I would add:  Don't quit your W2 job too soon. 

What is the tenant's credit score, income & job stability, rent payment history with previous landlords, etc?

We are hoping to find a multi-family that we can improve and/or expand.