Prior to this deal, I was analyzing 10 properties a week to build up my brain muscles.

If you think you know enough and have mitigated the various risks so you basically don't need to declare bankruptcy, then go ahead and take the plunge.I'd be happy to chat if you like. 

Paying cash they may offer a discount so they dint have to declare it on taxes but you can’t deduct on your end.

@Cameron Chambers I’ve flipped some single family condos and just be sure to review the declarations, bylaws, covenants and whatever else is in the condo resale packet.

Have them sign a declaration saying they know the fireplace is not usable.

With the incoming political party calling for increased tenant rights, up to declaring housing as a human right, I am very concerned that cases like this will become  common. 

I did find that the CDC completely overstepped its authority and ordered a blanket national moratorium on evictions until December 31, but at this point, I still had not received any official CDC Declaration from my tenant.So I responded that he's made no effort to pay or to provide evidence that he will pay and that I would be filing the unlawful detainer the next day.

The warm water helps relax muscles from sitting through endless Zoom calls, or just the stress of life.

However, it only applies under certain circumstances and even then ONLY if the tenant submits a signed declaration to you under penalty of perjury (which I'm guessing they haven't done since it doesn't sound like they even know about it). 

If you rented the property to friends and family (declared the income on your tax return for 2020, had leases collected money even if you give the money back as legal gifts) then that is an investment property and would be eligible for 1031 treatment.It's all about the intent and how you demonstrate that intent.