My first thought was that to be able to make the same amount of $ per month without actively managing it sounds pretty enticing.

And if time is important have a bonus for finishing early, a penalty for overrunning schedule, etc.  

I also started utilizing creative financing to buy with no or low money down.Nowadays, you can definitely find a multi unit building like a duplex with a bonus unit to house hack and at a minimum cover your mortgage and live rent free, or even cash flow a little.

Your wife being a former PM is a huge bonus.

It may eligible for "bonus depreciation," but I'm not clear on exactly how that works.Look forward to hearing from some of the BP accountants.

Knowledge of real estate investing is a must.  10% or lower costs would be a bonus. 

A BONUS is simply that Google sees our traffic loves us, and rewards us with the number ONE spot on Google.Everyone I helped sits at the #1 spot on Google (or is on the way there).

If you can't live with honoring the lease, you will either need to give them an incentive large enough to entice them to terminate early, or move on to a different property to buy.

The pro's are good steady money, paid promptly, and even bonus cash if you pass inspections on the first go.The disadvantages are what you'd expect.

Coupling a monetization loan with an installment sale is one way to get the tax deferral on the capital gains tax and have money that you can deploy in another asset class.You can learn more here...https://www.biggerpockets.com/forums/51/topics/569293-can-i-use-100-bonus-depreciation-as-alternative-to-1031-exchange?