I'll need to decide if I want to take on that kind of project/headache/risk.

Yes so if I decided to sell, I’d need to find a nice apartment, I wouldn’t want to down grade to save money , so I’m thinking a similar apartment would be maybe $1600 -$1800 a month aprox.

If owners don't treat the LLC as a separate business, a court might decide that the LLC doesn't really exist and find that its owners are really doing business as individuals who are personally liable for their acts.

I haven't really decided where, but I was originally looking in Ohio and Kansas City.

Tuck that cash away and use it to convert the space into the single family home of your wife's dreams once you two decide the timing is right for a move.

That would dictate where you should be looking.If you spell out what cash on cash return you are looking to achieve and your price range is, you might get more precise answers from fellow BP members

I decided to take my first plunge right into the deep end into a 6 unit apartment building in PA.

Therefore I’ve decided to take the David Greene approach and invest out of state but again I’m not sure if that’s the right move while starting out. 

Given that this is my only investment property, and it was owned for such a short amount of time last year, I've been on the fence about whether I need a CPA, or if I'd be able to handle filing taxes on my own with TurboTax (curious to hear others take on this).I decided to test out TurboTax first to see how I do. 

Me and my brother decided to take the leap of faith and purchased our first home to rehab and flip!