You've gotten some good answers so far and you’re in a good spot, just need to plan your next moves and maybe look at your entity structuring as having a spousal partnership is not always the best way to structure as it causes extra compliance fees for you.For your question on the QBI loss carryforward, it means future real estate or business income won’t qualify for the 20% QBI deduction until that $150K loss is used up.

I tried some websites and set up some alerts my buy box but not receiving any alert update emails.

Quote from @Zachary Sneed: I’m looking to buy five long-term rental properties over the next year.

When buying a property to cash flow, you need to know what your expenses are.

Hi @Mark SorecoIn recent year it has been an overflowing of digital property management companies, many of which are not making any many and constantly investing in customer acquisition, that is the main reason that you see so low coat on their offering.If you go to stablish digital property management like belong home you will see that prices are similar than a local property management and they make you save many offering you additional services at no cost.You have to evaluate what would it be the additional work that you will have to do to get at the same level than the local PM.You have to analyze this as a business owner like any other services that you will buy from a service provider.

That's not a bad thing (everyone who just buys a second home is technically 'under water' from an investment lens) but you have to decide which way you'll go into it before buying. 

You can take a HELOC out and use that to buy the new property (perhaps in conjunction with your friend's 1031).

I would not lend to an investor who is buying and planning to remotely manage a MHP that is not from, has living experience, or travels frequently to that specific submarket and know the great submarket/metro very well. 

( we qualify for a second home without having to rent our house fyi) House we want to buy, we plan on living there for a while. 

The method can be a game changer if you do it right since it’s all about buying a distressed property, rehabbing it to add value, renting it out for stable income, refinancing to pull your capital back out, and then repeating the process to scale your portfolio.