I don't remember exactly what the consequences are, but you don't want to get caught charging more than that. 

Not the worst thing but it does leave you with a tax bill and it also slows you down.As long as you perform a 1031 exchange when you sell the Parker property, which you can do right now, you'll be able to move it with no tax consequences at all into whatever market you choose.  

We’ve had some success in our local Bay Area market and we’re looking to expand operations into other strategic markets.We would like to develop some contacts and professional relationships with reputable wholesalers in the following markets:- Greater Sacramento area – we just opened up an office in Rocklin, CA.- Seattle/Tacoma area - business partner is from North Tacoma & travels back often.- Columbus, OH – I have family and friends in the area and travel there often.- Raleigh/Fayetteville, NC – we have 1 pending deal right now.If you operate in these markets or know of good ‘meet ups’ that we can attend while we are in the area, please send me a private message with your information and I will get back to you soon.Thanks and best of luck of your Real Estate deals!

Can anyone recommend a reputable realtor that has some good knowledge of the area and can provide some insight on which types of houses renters are moving into, and which homes people are buying in the area and why?

The person needs a contractors license to perform the work he did and can be fined tens of thousands .a handyman can not do work that needs a permit or is over a $1000 bucks When confronted he will remove the lien or face the consequences

I will say, those houses, you gotta know the streets, the reputation, and decide how nice you will make it to determine what type of tenants you'll get.      

But you're probably dealing with a class C building and consequent tenant base.

Katy ISD is reputable

Would anyone here in Atlanta be able to recommend a highly reputable Real Estate Attorney?

I will be doing most of the rehab myself but I will need a reputable HVAC mechanic and painter.