Our first goal is to have her income covered in about 5 years so she can free up her time.

Think of a tool like FollowUpBoss, but for PMC's and MF professionals, instead of realtors.We wanted to create something that can aid a standard PM software, and help PMC's expand thier portfolio without having to onboard a bunch of agents, automating the entire leasing process.Do you think a tool like this is needed?

They look good on paper, but there are a lot of things that can go wrong.

Now I have the opportunity to buy another co-op (the one next to mine), but I don't have more cash, maybe I can apply for another HELOC to get around $100K, but still will be short for $50K since the asking price is $150K. 

You can find template here: https://asana.com/templates

The path that aligns with my investing goals is small multifamily.I would love to learn as much as I can from the community.I am excited for what's to come!

It would also give you more control and flexibility in how you manage your properties while ensuring you can take full advantage of tax deductions available to businesses.

I would want a RE tax pro that I can reach out to throughout the year and not just during tax time. 

I know there is an ATI exemption that reduces the taxable value by ~25%.Anyone else went through this and can advise on how to move forward with this?

Usually people have an exit strategy if the STR does not work out and can transition to LTR or MTR