My wife and I are talking to a lender for an addition to our primary home; we're adding a 3 stall garage with a MIL suite above it that we intend to rent out along with use of half our barn so the tenant can board a horse on site since we don't need the entire barn.

I need to train her on what is expected- I believe setting clear expectations upfront is important in any deal- bad on me, I missed this element, will make it good now. 

There are companies that train for this.

, but first I'd strongly recommend you get some training on how to use this powerful tool.For example, you generally don't want to purchase BRRRR real estate inside an SDIRA, and you really don't want to buy a deal using funds from your wife's SDIRA.I'm DM-ing you a recommendation for some training I've received that fully explains the IRS rules and goes on to explore the staggering potential of these accounts.

Also became a super host :)SO I would look at a place that's close to the train lines, easy access to downtown.

So because I also plan to Househack the property (live in the downstairs bedroom and rent out the 2 upstairs bedrooms), I was able to purchase a BRRRR with bank financing on the front end (I know, I will pay closing costs twice) and have a kind of BRRRR on training wheels because I have a fixed rate payment so even if I mess up the rehab, there is no balloon note with a private lender that is coming due in 5 months.

If you take a $5,000 training program, you may deduct it immediately or sometimes treat it as a start-up expense for some future business and thus delay deducting it. 3.

Real estate investing is like a train, it takes a lot of effort to get going, but once you get it moving, it's almost impossible to stop!

My worst deal last year was with a mortgage broker, they stalled/forgot/delayed the closing 4 times - 11 weeks in total (VA loan).

I am also heavily considering pursuing a career somewhere in the Real Estate realm, in order to grow from on the job training.