We were ready to pull the trigger, and after bringing my wife fully up to speed on why I thought Ohio Cashflow were the team to go with, pull the trigger we did.

In NJ you must accept Section 8 so I believe you should simultaneously pursue lease violations and bring the property to section 8 compliance if you can.

I know that in the states I invest in the sale of the property triggers the assessors office OR the school board to know that there has been a sale of the property, most likely at a higher dollar amount than the prior purchase.

However, the method of handling the 1099 income on the tax return may vary depending on the circumstances and interpretation of tax laws.The approach your CPA has taken, where each property is reported separately on Schedule E and then adjusted on a statement for property 3 to match the total 1099 income, could be viewed as a cautious approach to ensure compliance with IRS reporting requirements.

@Brianna Johnson you’ll need to find out from your mortgage company how much extra you can pay into an escrow account because many have overage triggers where they’ll send it back to you if it goes over their limits.

It's important to ensure compliance with local tax laws and regulations to avoid any potential issues.

It will be triggered upon sale OR refinance, so if you think you might want to refinance in the next couple of years (or at least have the option), you may want to consider a shorter penalty length. 

Should I pull the trigger or just clean up the  unit as is.

One nice feature is that they have a receipt scanner that extracts info from the receipts, not just a static photo for compliance purposes.

For example, if you raised rent by $25 a month that is not likely to trigger them moving but it does help control the gap that could develop between your rent and market rates.Each year you skip widens the gap and makes it harder to close and more likely to trigger a move. $400 is tough to recover in one change without triggering a move.I have learned the hard way that I really should not skip rent increases every year, even if they are small.