Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

Maybe refinance while at the same time transferring into a Trust or LLC might pass muster to regain my entire VA financing benefit?

So I know I am kind of rambling but that's how I see it so yes there is a romanticism of hey I get to not work for the man and I am going to start my own business this can be done in hundreds of different ways real estate landlording is just one.WE are mainly on the debt side and I have clients that live strictly on note income..

If she's not communicating with the potential buyers to raise their offers and with you about which offer is better (which is clearly the one that gives you more money, so unless the house is selling for more than $1.4 million, the first one) then fire her and/or complain to her broker.Now maybe she's new at this and deserves the benefit of the doubt.

Also have a conversation with the main city building inspector about any possible problem or if they are aware of any problems at that address. 

Curious as to how everyone evaluates the true benefit of a property, to include the benefit of depreciation, etc based upon tax bracket etc. 

Mainly, the systems implemented are fascinating (VA, automated offers, etc.)

LLC electing S-Corp status is usually beneficial when flipping houses, but be careful that your CPA helps you with the "reasonable compensation" aspect- as that would be the main audit risk.

However we are wondering what, if any, tax benefits may arise from putting both of our wives on (or leaving them off) and splitting things in 25% increments?  

Arkansas looks promising, mainly the Little Rock area.