I am a real-estate investor and looking to the bigger pockets community to collectively voice any problems that you have ran into throughout your real estate investing career that could potentially be solved or simplified through software.  

To simplify you are short of 250 from market rate, but you are saving 10K in reno cost, so the renter can stay for 40 months and pay 650 and you will still breakeven if you spent 10k and rented for 900. 

Ultimately this will simplify your life and make investing a more hands-off ordeal than fishing for a real estate agent to bring a tenant each time you have a vacancy.However, if you are PM averse, Zillow Rental Manager is your best single-stop for procuring a ready, willing, and able tenant in my experience.

So just a simple doubling, this simplifies one aspect :) Yes, I've heard for that plan to phase it out.

That's pretty damned impressive to me.If you can do a duplex or triplex, that will probably simplify your life being that far away. 

If you're buying a bank-owned foreclosure, applying for a loan from the same bank may simplify matters, assuming you can get a competitive interest rate.

I know there's probably many questions about this but I tried to give a very simplified run down.

To simplify the process I think we're just gonna bite the bullet and pay the taxes upfront.

I don’t understand the risks of this well enough, so I’m going to propose a master lease option instead with similar terms to simplify things. 

That may be overly simplified, but it is what it is.