I recommend that my clients use life insurance to plan for the future tax obligation: either there will be a death benefit to pay the tax or there will be cash value that can pay the tax.Even if the seller chooses to remain in real estate, when they buy their next property, they will start off with a fresh depreciation schedule.

I have a pretty flexible schedule, but wouldn't be able to become a full-time property manager, so I may be looking at hiring one. 

Utilize a mortgage calculator to calculate the payments, take into account your schedule, and speak with a Columbus local lender.

Im sorry I didn't see you wanted schedule a call.

Here are some examples based on common interest rates:At 5% interest rate:Monthly payment for 40 years interest-only = $2,083At 6% interest rate:Monthly payment for 40 years interest-only = $2,500At 7% interest rate:Monthly payment for 40 years interest-only = $2,917--------so 40Y 10YARM vs 40Y IO: $1 LOL :)----------------------------------draw amortization chart for 30YFRM with 7% rate every year for $500,000 loanHere is an amortization chart for a 30-year fixed-rate mortgage (30YFRM) with a 7% interest rate on a $500,000 loan:YearBeginning BalanceMonthly PaymentInterest PaidPrincipal PaidEnding Balance1$500,000$3,326.98$35,000$5,369.82$494,630.182$494,630.18$3,326.98$34,624.11$5,745.73$488,884.453$488,884.45$3,326.98$34,221.91$6,147.93$482,736.52--------------draw amortization chart for 40Y Interest only with 7% rate for $500,000 loanTo calculate the amortization schedule for a 40-year interest-only mortgage with a 7% interest rate and a $500,000 loan amount, we can use the following steps:During the interest-only period (first 10 years):Monthly payment = $2,916.67 (7% annual interest rate / 12 months)Total interest paid in the first 10 years = $291,667 (2,916.67 x 12 months x 10 years)Loan balance remains at $500,000 during the interest-only periodAfter the interest-only period (remaining 30 years):Monthly payment = $3,326.89 (calculated using the standard mortgage payment formula with a 30-year amortization period and 7% interest rate)Total interest paid in the remaining 30 years = $496,869Total interest paid over the full 40-year term = $788,536Loan balance at the end of the 40-year term = $0 (fully amortized)The full amortization schedule would look like this:YearInterest-Only PaymentPrincipal ReductionLoan Balance1-10$2,916.67$0$500,000------------so if you use 30YFRM an sell within 3 years; you are making additional 18k profit guaranteed compare to 40Y IO.

@Maria De La Vega for difficult tenants I find it best to not schedule showings until they’re gone.

Your agreements with contractor should be based on a schedule of values and when work is completed they get paid.

This question is pretty important right now since PPP only loans based of schedule c. 

Any recommendations on a software that helps your team keep track of multiple flips/BRRRR's, scheduling, tasks, punch lists, etc.?

@Anthony ErvinMost counties have online property tax calculators.Investors need to know how their communities determine property taxes.Some counties and states have set schedules every 3 4 or 5 years to re-assess properties.