If your gain exceeds the exclusion, you’ll owe capital gains tax on the remaining amount.This post does not create a CPA-Client relationship.

For the next 10 months (40 weeks) you spend a fairly reasonable 5 hours a week marketing, communicating with guests and your property manager and bookkeeping.

@Roger CreekmoreMini splits sound like the best option from the cheap seats. 

Having to “disclose” the work in the flip basically is mandating doing something that helps the buyer recognize the scope of the change which justifies the mark up.  

Click-through rate (CTR) helps measure how effective your ad is at grabbing attention, and if it’s low, you might need to adjust your targeting or creative.

Of course, anyone or anything can make predictions, but the proof is in the pudding.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

Quote from @David Treat: What comes next in real estate now that Trump is in?

I've done some negotiation with the seller already and we've agreed on the broad terms of the deal.

The balanced owed on the property is about 97K.