I started by making the decision to flip houses, start by wholesaling, and repair/reestablish credit. 

I've seen it all. get some facts to help you make an informed decision. then talk to your bank.

My wife and I made the decision that I would join her as a real estate agent and create a husband and wife team.

This is one of the best financial decisions I've ever made. 

And congratulations on your decision to invest in real estate here.

That would drive your decision.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

Assuming you can get your passive income into the S Corp to pay you the salary, it’s a personal decision if it’s worth paying your marginal tax rate so that you can sock money away into a solo 401k...For a single self employed solo 401k, you do the full $59k (whatever the current limit is), but the employer contribution side is more like 20% (honestly, not sure if applicable for S Corp status).

Hi @Clara Brashear, I agree completely with @Theresa Harris the best way to start making this decision is to look at the other higher end rentals in the market and see what they do/have that your units do not.

With that said, I wish I had put a little more emphasis on education because I would have made several decisions differently.