I have RentRedi charge them a late fee after the 4th day if rent is not paid.

I then would have my tax cpa enter in or do it after discussing tax based items (depreciation- MACRS, reserves, year end accruals, reserves, etc.).

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

Some homes even come with tax breaks or city funding to help cover the costs.

A 1031 exchange would use all of the tax in the purchase of your next property.

I do not think it would cost too much to tone it down howeverI got a $10k quote (minus fees) from an interior decorator recently to redesign.

To succeed, focus on properties in high-demand neighborhoods like Pecan Grove or Aliana, and ensure your cash flow analysis accounts for high property taxes, potential HOA restrictions, and flood insurance costs.

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

And you would get to indefinitely defer all tax on the gain from the sale.

I see 3x and 4x tax savings on fees for the next 2 years and beyond.