I try to keep my karma balanced, as far as what I give to others (e.g. contributing on BP) and receive from others (consuming on BP and in the real world).

This is likely not a common approach but I record principal payments in an expense GL account, have a subtotal for cash flow after that in reporting, and then have a matching contra-expense account that properly moves it out of the P&L and onto the balance sheet.  

Hopefully things balance out and more deals are abundant.

Your niche take on turnkey sounds interesting, I'd love to talk to you more about it at some point over the next few days@Derrick Dill Thanks for the perspective of the balance between cash flow and appreciation based on market.

I would recommend for your wife to get the real estate professional designation, which means she would have to document her hours of work in that area (and pass the 50% and 750 hours test), so that the collective outcome of all your properties is looked at together (you have to actively make that selection when filing your taxes) - if you still have losses overall (even if they are just phantom depreciation or rollover losses), you would then be able to balance out those losses against your active income (of either of you).Remember that the fact that your wife has a license is irrelevant for the RE professional designation - it is all about the time spent and the type of work done.Do talk to a professional on this. and good luck!

There's a balance to be struck between current CF and the long-term value of having tenants basically buy you 75-80% of a house, and it all depends on what your goals are.

I am investing in real estate actively though.I would like to invest in more real estate via the current balance in my Solo 401k.

I'm sure it's all in how you write it, but I don't know how you balance everyone's needs.3)  Do your investors know each other?  

It's going to be around the 200k mark for cap gains; purchase price was 220k, balance on loan is 160k, listing for around 425k and expecting a little over that,

thanks @Michael Hayworth I appreciate the balanced viewpoint here.