I have 1800 Account for my investment property. 

My partner and I are looking to invest in a property along Hudson Valley (BRRR) and are building a team in the next 1-3 months.

For rentals, focus on properties that generate solid cash flow after covering mortgage, taxes, insurance, and maintenance.

So, IF you owe 800k on a 1 million value, yes, you have 200k equity if you sell.

The wife was the partner and the husband was going to serve as property manager/maintenance guy.

https://www.biggerpockets.com/forums/925/topics/1080912-is-m...Also you can contact Property Management Companies which Manage MTRs in the states that you are interested in and they can be of help, also local realtors who are investor friendly and know the lay of the land.Example  https://www.biggerpockets.com/forums/925/topics/1129689-mtr-...

Since you already own a property, you wouldn’t qualify as a first-time homebuyer anymore, so FHA loans with their low down payments may not be an option.

My end goal is being able to flip/rehab properties. 

Great to hear that you’re focusing on small multifamily properties as a starting point; they can offer great cash flow and help you gain valuable experience as you scale into larger investments.

State Farm and Obie Insurance are who I typically use for investment properties.