Since you mention that she is not working - she may be in a lower overall tax bracket.Speak with your CPA for further guidance.

This is a question that they would be able to give you guidance as it depends on the zoning of the area where the property is located.

Thank you for the guidance!

Any guidance on whether to establish new lines of credit would be welcome!

Addifional tips and guidance on this topic is also very welcome. 

Once you do your research, you should have a better handle on the next steps.In general, here're a few articles to give you some guidance on SFH versus MFH: https://www.biggerpockets.com/member-blogs/10850/87253-should-i-scale-my-investment-from-single-family-homes-to-multifamilyhttps://www.biggerpockets.com/member-blogs/10850/74895-five-reasons-why-i-chose-to-invest-in-multifamily

I am just about ready to start purchasing and I could use se advice/guidance.

Hi, Need guidance on how you write a lease extension for a single home rental property in Texas.

This site has always been a great resource to me so I'm hoping someone will be able to provide some guidance on my current situation.

The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.Note: It is too late to take a loan under the CARES Act.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.