Change jobs and adjust to a more frugal lifestyle.Keep in mind that a paycheck to paycheck life style is by choice not circumstance.

You need to get a Public Adjuster to represent you, advocating on your behalf. 

For that reason, the appraiser should report the basement or other partially below-grade areas separately and make appropriate adjustments for them on the Basement & Finished Rooms Below-Grade line in the Sales Comparison Approach adjustment grid.For consistency in the sales comparison analysis, the appraiser should compare above-grade areas to above-grade areas and below-grade areas to below-grade areas.

The 5 was a rate adjust and call, but they never did. 

As you gain more validated information, like during due diligence or formal property inspections, you can adjust your numbers accordingly. 

Is this an adjustable rate mortgage? 

@Michael Randle it would take a ridiculous amount of programming excel to replace the workflow of Quicken, and then I'd still be downloading transactions from the banks manually.

I am not a tax professional but I believe the tax basis automatically gets adjusted upon a transfer due to death when the property is transferred from a parent to a child. 

However, the after the 5 yrs it is adjustable with no cap. 

Likewise, your annual or quarterly or whatever property tax payment is expensed when paid, if you're on the the cash basis (which most people are) but you've already counted that in the reserves.Here is what your accounting software probably shows in the month that you paid the property taxes.Rental Income - $1000.00Expenses:Insurance:               30.00Property Mgmt:   100.00Mortgage Int:        350.00Property Tax:        700.00   Total Expenses:    1180.00Net Loss                   180.00So what you want to do is dump this report into excel in order to reconcile it back to your cash flow.Start with your Net Loss Number and then make adjustments until you reach your cash flow:Net Loss:        180.00Add Expenses Paid from Reserves:Property Taxes:  700.00Subtract Other Cash PaymentsMortgage Principal: $150.00Amount transferred to reserves:  $80.00Net Cash Flow:  $290.00Cash Flow is a completely separate calculation than Profit and Loss.