I live in San Diego and am trying to purchase my first investment property I have about 150K to put down but am struggling to find deals that meet my price point. 

He's lived in Japan a few years as well (Fukuoka, I believe).

I would probably work with an attorney in North Carolina (or wherever you live) to do some estate planning since you do have young kids.

Downstairs 2br 1bath unit we are living in.

I live on the east coast.

One caveat to this strategy is that you can’t live in a property that your IRA owns, nor can you rent it out to anyone else who may be considered a disqualified person like your spouse or child.Feel free to connect with me and send me a direct message if you want to learn more!

Consult someone who actually knows what they are talking about/does this for a living, but most of your tax savings are only going to offset the earnings of the partnership rather than one of you individually.

Quote from @Sarah Kensinger: Boston is not STR friendly unless you live in the property.

I make around $110k+ per year, live off around $75K, have a mortgage ($1900/mo for rent, escrow, tax), around $40K in equity, and no other debt. 

Also looking forward to meeting any local wholesalers or people living out the house hacking dream.Thank you to @Scott Trench for leaving a great how-to on introductions!