This may not have been the home run that we hear about and read about in investment books, but it is a great turn key that has taught me so much.

Can we slow down the depreciation in the first 5 yrs to match closer to the cash flow deliver to optimize annual taxes on the this deal while reducing the recapture that will occur if sold within 5yrs?

Just reach out to real estate agents "by phone" is key so they know you're are the real deal by the way you talk and present the idea.

I feel the key is to have good relationships with your "boots on ground" building a solid team of cleaners and handyman to help you make it happen!  

Turn-key vs. value-add?

Maybe set up some key word alerts to help you track down those threads and see what others are doing.

Learn the basics of cooking now -- it really is one of the main keys to living cheaply later.

Now that you have the knowledge and presumably some money to work with, the key is to pick one strategy and go all in with it (at least for now).Here's one option for you: You already both have steady paychecks to fund your current lifestyle, so more income is not necessarily the issue right now, first you may want to focus on reducing your expenses.

The key to being a wholesaler or investor is to have exclusivity.

Also, I was naive about how difficult it can be to run a successful flip if trusting contractors who make promises but fail to deliver How did you find this deal and how did you negotiate it?