Here is my Cliff Notes on this elaborate example:If you have unused losses from the past, they might significantly soften the tax blow from a profitable sale.I don't see how this is called "strategic play" or "premium lemonade."

How did you find this deal and how did you negotiate it?

I have worked may investors how like the idea of a duplex in a good growing market. 

You want to have your financial house in order so you know what you CAN afford and what you SHOULD spend.

See how he likes those apples.2.

I can't really speak to how good they are at criminal records; as far as I recall it either didn't find anything, or just something minor like a speeding ticket, for both sets of applicants I ran it on. 

One, you are very happy with the STR revenues so far and two, you are happy with how the Airbnb is being received in your neighborhood.

And thats not including how long it takes.

How much will you spend in repairs on a 1920's house with renters ? 

L-ville has it's pockets so you really need to know that market well.