Go to the County Judge's office and ask which lawyers file the most evictions and get a copy of their documents as public record so you can see how they do it and use that as your guide if you want to do it yourself.I'd be curious to hear how many hours per month you and your family allocate to managing this property using your approach.  

When are my gains tax free, after 2 years or 5 years as my primary residence  Your gain will be allocated by the % of rental and percentage to primary residence.

For 2015, you can also contribute up to $53,000 to your Solo 401k, of which $18,000 can be allocated as Roth contributions.Qualifying to set up a Solo 401k entails the following:The presence of self-employment income, andHaving no full-time employees, defined as those, besides the business owner and his or her business partner and/or spouse, working more than 1,000 hours per year.

Basically every dollar spent will be a business expense and every dollar received will be income and the difference after all the dust settles is your profit to be allocated.

Most off the street I know didn't really follow the debit and credit aspects and allocations for taxes, but took a leap of faith with the expert settlement agent. 

I looked into realty shares, endvest, crowdstreet, etc. but everyone offers a public platform and I am looking for my investors to log in and see how far along the project is and how much funds have been allocated into purchase, construction, admin, etc.Any referrals would be greatly appreciated.Thanks in advance and happy investing.

Level 1: the "are we remotely close to offer price" analysis  Take the gross potential income and allocate 50% - 60% (exact percentage is determined by property age, amenities, and current condition) of it towards expenses Then take NOI and divide by cap rate which gives us the high-level valuation This takes 5 - 10 min to do side note: another way to do this is knowing the average expenses per unit per year for that property time in that market then allocating that towards expenses instead of the 50% - 60% Level 2: the "ok, let's get serious and specific" analysis  If after doing Level 1 it makes sense to continue then Level 2 is done In Level 2, you use property and market specific information to run your analysisSome (but not all) things to consider for the specific market/property: taxes and how they are evaluated, vacancy trends, what's currently being billed to residents vs. what could be billed to residents (i.e. water), etc. 

Be sure to allocate some time to learning this not just rehabbing.  

My first concern concern is only $2,700 has been allocated to repairs, yet the building needs $50,000 worth or repairs?

"a good deal"  is relevant to each and everyone of us... how much experience we have... what our goals are... how much money we have allocated for investing...