Also, zoning and market trends matter a lot more than in residential, so it’s worth getting familiar with Tampa’s landscape.

I am not familiar with NY regulations, but investigate whether you can charge each tenant ~$80/mo for the gas (do the math).

Are you familiar with Lawton or have you seen a lot of successful investments there?

@Terri AbsherNot familiar with them but here is a prior post on BP about themhttps://www.biggerpockets.com/forums/311/topics/1006736-has-anyone-done-business-with-flipos

Quote from @Clayton Silva: I am familiar with the area, happy to help in anyway I can, a lot of stuff like insurance or tertiary questions I can probably get you plugged in with someone more knowledgeable on those things. 

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.

Consider sourcing a local REI group for that info.I recommend evaluating your local area first since that is what you are most familiar with and most accessible.

I'm a licensed sales person in the state of Florida (located closer to central FL, Space Coast area if you are familiar), with intent to enter the commercial real estate brokerage industry as soon as I can find footing.

I would recommend you focus on a couple neighborhoods that you would like to live in; and familiarize yourself with that market.  

It is the most popular software in the industry, and most Tax Preparers are familiar with it, which makes tax season easier.However, many on the forums will advise against QBO.