Prefacing this with stating that I am a newbie to REI.I’m a physician and earn a decent salary but need to find additional ways to build wealth to fund my kids future college funds, go part time eventually, etc.My spouse is a stay home dad and interested in managing rental properties so I can get the tax write offs from my W2 income (through his potential REP status).

I hire 2 VA's from the Philippines and pay them $4 and $6.50/hr, this comes out to be a nice six figure salary when you account for cost of living.

If you have more single households I would expect more of those fall below the 50% income median and need 1 beds or studios. 

My credit scores are in the mid-to-high 700s, and I earn a six-figure salary with about 3-4% utilization on my credit cards.

Because of this, I expect home values to stay steady or drop in some areas, but rents will rise to rebalance the spread.Im looking for ways to get ahold of some rentals in preperation of this I would put word of caution as rents have never historically "shot up" - cannto insert photo so here is link, but take out covid and rents are pretty predictable-only chance rents shoot up is if salaries increase substantially as everything else got very expensive for consumable goods past few years but salaries did not.Average Mortgage Payment 90% Higher Than Average Monthly Rent | RealPage Analytics Blog

Success now hinges on navigating a minefield of intense competition, evolving regulations, and sky-high guest expectations.

I forecast that if Florida drops property taxes that real estate values will skyrocket and dive an exodus from Northeastern states who are getting bent over by recent increases 

Even with a $150k salary you may only have $20k in federal withholding.

- sharing of revenue profits or losses- sharing of capital gains or losses- is any payment to be made to either other than as a share of profits, eg for ongoing services- will the participants be operating a ‘salary/dividend split’ – ie taking their month-by-month requirements by way of low salary, balance as dividends?

Expect to work a lot of hours if you do both full time.