I was able to save enough to be comfortable with separating in the anticipation of learning a new skill-set, and I have the ability to still finance an investment in the 250k range comfortably (after researching for many hours how to obtain financing with no proof of income, only assets).

So, I'm interested in learning more about purchasing rental properties.In my quest I can provide hard work and construction skills, especially in pool related area, in exchange to gain experience or potentially work a few deals with you all.It is a pleasure to be on here, and to eventually meet with you all. 

The key is to choose the one that is best for your situation, skill set, and temperament.

Not eligible for the new 20% deduction.The trick is determining whether the second part of your deal qualifies for the investor treatment.

This does not count as income so it will not help me qualify for a larger loan.

I would have made sure that they both qualified alone, or were closer to qualifying so if something like this happened you wouldn't be completely f$cked.

Able to get the home, which will have $200 after PITI. However, if I do this, all of my reserves will be depleted, meaning no funds for "what if costs". Do I step out for the experience and to get started, get a line ...

What makes it qualify is your intent to hold for investment purposes.There is no statutory prohibition that you cannot change your intent. 

I can pay a one time fee after we close a qualified tenant buyer. 

The best thing you can do to help your taxes is to have either you or your spouse qualify as an RE professional.