So grateful to have a platform such as this to assist under experienced, potential investors with getting into the game without trying to have us pay the cost of a surgery.

When I lend money to flippers I insist for them to have a skin in the game.

All a mental game. 

I grew up a total video game nerd.

Hello BP,Is there any specific software that the community would recommend for keeping track of business expenses?

In the event you sell, all of the accumulated passive losses will get written off in order to lower your overall tax scenario.If you use the same tax preparer (or the better self prep software packages), those passive losses should get "saved" every year and then will be available to use when applicable.

It sounds like you are on the right track to get in the game early and be successful, keep it up!

Just months ago we were trying to get into the game.

Its a long game though.. and in many instances if its just cash flow you want.. real estate is not always the best thing anyway you may be better plunking down 100 to 200k and buying some subway sandwich franchises make you far more cash flow than any rentals. 

People play all kinds of games- look at the merits of an offer.