If you can qualify on your own its best to go on the loan by yourself so you and your wife can maximize using conventional loans for future investing.

Asset class - is it a class you want to be inUnderstand higher the projected return the more risk you take on.

2) DONT use future potential appreciation as a basis for appreciation… unless you ALSO factor in future potential DEpreciation.3) You're not buying a rental property, you ARE buying a Cash Flowing Business ….

Even if it is mid winter, you could always do an 8 month lease that rolls into a year long lease in August, setting you up for future success, timing wise. 

I've been getting concerned with the recent news about NY and its future.

You do large projects they may be interested in investing in and you welcome people to talk to you about it.

Do you have single project in mind already? 

Break out single family/condo; then 2 units then 3-4 units all have different rules. 1-2 units is far easier to get approved verses 3-4 which have extra conditions to ensure that the whole project cash flows with market rents minus the one owner occupied unit. 3-4 units you need much larger down payment - as in no 3.5% downSecond home programs are for one unit types: SFR/condo/townhouse.Owner occupied means you live there and your insurance policy matches.

Using good project management, you can manage the cost of the project as you go by adjusting the scope of work, negotiating better deals, or extending the time frame.

I am planning to use my sales as a realtor to fuel future property investments!