(Now there's some info I never imagined I'd be sharing on BP, lol)Of course, in real life I know a woman named Sam ad another named Michael. 

@Sam LLoyd Refi will be do eliminate MI- also, with the grant I'm using, it's a fixed interest rate at 5%, if rates are lower in 6 months, it will also save us there.

Thanks, Sam.

The problem is: if I do this I'll be paying Uncle Sam a lot more in self-employment tax (I'm self-employed).

@Sam Magina, so I should have explained a littler better.

(Sam DeRodes - Home Detective Property Inspections)I closed on the property in February (Independence, MO).

@Sam Leon the MF has 3 units.  

If you sell it after 1 year, you haven't depreciated much and it's only the "profit" you are paying taxes on.For the hypothetical point of how could I only make $50k on a house I sell for $100k...If you fall into the highest tax bracket, 40% goes to Uncle Sam, 6% goes to a realtor, maybe you had to carry 3% back at closing. 

@Sam Van Horebeek I can help with the property management.

Sam Harris.