Welcome to BP Steven,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

By sheer force I've learned the hard way where you can, cannot and should consider purchasing a permittable vacation rental on the Oregon Coast. 

That generally means going where housing is still relatively cheap, holding costs such as taxes and insurance are relatively cheap, and there is a lot of upward pressure on the housing market. 

I've certainly learned a lot. 

I would recommend reaching out to the county tax commissioner or treasurer for guidance on the tax sale guidelines as they may vary by county.

You'll like also need reserves of at least 6-12 months worth of PITI (principal, interest, taxes and insurance.) 5+ units can require more down, but 25%-35% is common.

Currently listed Lessons learned?

If so, I'd love to learn more about your successes, hurdles, etc. 

Lessons learned?

Your sibling can either take the cash for their 30% or they could do a 1031 of their own.If you and your wife file a married joint tax return then the IRS sees you as the same taxpayer.