I am reading The Book on Flipping Houses and getting a plan together, but the vacation area adds a different dynamic to the whole thing.Thanks for reading!! 

two questions...1st is I do a general improvement to a building as I read the tax code the improvement should be amortized over 28.5 years .However we did an improvement to just one unit with excepted life of 10 years.

Your best defense is to RTFC - Read the full contract, the FAR-BAR contract for sale of real estate (whichever one was used), and any agreement with the buyer or seller.

For instance, you can pay yourself from the CPA and contribute towards 401K and Roth and minimize tax liability.3) Read "Rich Dad Poor Dad", owning a business is the best way to minimize your tax liabilities.  

More importantly, read the rental guidelines of your city for what you can and can't charge a tenant.

We love to read books, take walks, cook, and play outside! 

I would look at townhome condos in A and B class cities with very strong employment markets, and good schools.   

I've been reading about the brrrr method and it really interests me and would give me the opportunity to buy multiple houses (one at a time of course) and be able to cash out and use the same money to buy the next property. 

None of my properties flooded, but schools are closed and a lot of employers are keeping their employees home all week.

I suggest listening to BP podcasts and reading everything you can from successful investors on this site.