We had our project stuck in limbo for 8 months because of a TYPO on the resolution that was made by the court stenographer!

Likely, there was/is little reason to file a Schedule C which is why you're running into all of this.You need to google "tax resolution expert in xx area" and ask them if there's anything you can do at this point.

Must maintain the minimum clearance of 3' between the meter relief valve and the electric meter"And the picture, though fairly poor resolution, indicates that there should be a 3' clear zone (in all directions) as measured from the gas relief valve vent.

I'm a senior marketing and communications student at Eastern University on the main line in the suburbs of Philly and work at the Radnor Financial Center with a real estate mortgage note investment company called US Mortgage Resolution.

@Mike Hurney Wow, looking slick ... happy new year resolution ... adding like 5-10 younger with this shoot. 

They're working on a resolution.

I think it would be a good short term strategy to make more money and I do recommend it but here are the cons you should know:The renters will not be friends So when conflicts exist you can more easily be brought in.They will not be interested in working out who cleans the common areas so you will need to do it or hire it outThey will fight over using each other's thingsThey will use each other's things and not put them backYour lease will need to deal with conflict resolution and noiseIn general, it's more work. 

That is still a valid concern for me as we want to do things right.The resolution to tax concern is to do 2 year buy&Hold and do a 1031 exchange.

My New Years Resolution: Learn to be better at saying "no"

They will wake up and fix title issues for you, bond around them, or pay you the value of the policy and take title to the property instead of fixing title.There are a lot of "ifs" and "maybes" between here and a resolution that can radically change this answer.