It is worth digging into the details with a professional.

Am interested in a copy of a professional log book as well...thank you...

Do not try to qualify as a real estate professional with a w2.

My wife is a stay-at-home mom but handles leasing, tenant issues, repairs—basically runs the rentals.We’re exploring if she can qualify for Real Estate Professional Status to offset my W2 income.

I can't unlock those losses since I'm not a Real Estate Professional because I'm a W2 employee.

If possible, consider implementing the popular strategy.

Research does not count towards the hours per below link.Research: Many investors who claim to be on real estate professional status research other investment properties to fill in the gaps left by their hourly obligations and day-to-day engagement.

Although it's a great model if you have less than 10 properties to keep everything super organized and easy if you don't have plans to scale past that.Regarding software to conduct the entity-level and property-level bookkeeping and produce super clean and usable financials, we recommend QuickBooks Online if you're a bookkeeper and know how to customize & use the software for REI (since it's not initially setup for REI).If not, I recommend working with an REI-savvy bookkeeping professional to get it set up and hiring them to manage it so you can focus on REI activities rather than bookkeeping.

Century link is a popular internet provider here in SWFL but their higher speeds are not offered in all areas.

We're definitely seeing a mix, but bridge loans have been popular for time-sensitive acquisitions.