In NJ there is a license status called referral and it eliminates the need for CE.

Therefore instead of expanding our portfolio to increase cash flow we are looking at reducing debt to increase cash flow. 

My wife and I own our home, and are using 2019 to get out of consumer debt and I am working to learn what I can about real estate investing.I am a voice systems engineer for a financial institution.Maybe with confidence and time trying wholesaling or flipping would be in the realm of possibility. 

The bank will only give you a loan if your debt divided by your income is under XX%.

So you have a job and I'm going to assume you don't have allot of debt so you should qualify for some first time home owner stuff. 

It doesn't automatically eliminate the POH.

We currently don't have any debt so we have room to work I'm NYC has some ways to make this deal harder than it looks so please share any Pros and Cons you're aware of. 

would that protect our assets any differently when I pass away and I were to leave a ton of debt in either of our name?

You’re investing a lot of money and you need to ensure it’s well taken care of.Depreciation is never limited or eliminated.

I have above 700 credit and a healthy income as a freelance photographer and almost no debt.