When you sell a property that has been depreciated, the IRS requires you to "recapture" the depreciation deductions, taxing that portion of the gain at ordinary income tax rates.

Who knows, when you get down here you may be happy you have some extra income coming in. 

Expanding your portfolio, streamlining tenant management, diversifying income streams, building a network, and planning for growth are also recommended.

While that kind of income is not a deterring factor, when I looked over the terms of service many big red flags came up.

Just make sure you use a very honest agent that doesn't sugar coat anything and check the crime statistics and household income.

If you still want to rent out your other bedroom you can have a tenant in the opposite side AND a roommate which would give you two income streams.

However, you can get loans that are based on the performance of the rental and not your personal income and debt.

The house I will get is in a lower income area, currently worth $95-100k, and she still owes about $25k on it.

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

You can Host Finacial revenue tool to get an average of the income.