I need to know if we would receive a tax break if we sold the condo before the end of this year.

I was just like you—working a regular job and trying to figure out how to break into this game.The key is finding what part of real estate excites you.

My tenant said they didn't break it and don't know who did.

I had to take a break from my RE business because of my corporate career.  

Staying on top of paperwork and inspections definitely helps prevent last-minute issues, and your point about critical dates is spot on—timing can make or break a deal.I also appreciate the reminder about keeping the "power team" in sync.

I think there are some sites that let you post land to camp on (i.e. tents).I'm not sure what the weather is like there as the only thing I know about new mexico is what I saw from breaking bad. :-)   But you might want to even consider putting up a yurt (glorified commercial tents that are relatively cheap) and furnishing it and then renting the place out on airbnb.Is there good fishing on that river?

What I like about the BP calculator is that you can easily adjust the number to see where the variables need to be to break even. 

I give them a gift card to go out to eat sent in a Christmas card.

I don't know about the Olympia city limits, but in Lacey I don't need any kind of business license or special permit for duplexes.Thanks for the break down!

However, I'm starting to worry about managing these properties once I relocate.While cash flow is likely to break even or be slightly positive, paying 8-10% for a property manager would significantly eat into my margins.