There will be no assessment for increase in taxes or insurance so remains at $1935.

During escrow converted it to a Roth and paid the taxes.

Taxes/Insurance- depends a lot on where you are located.The homes themselves- POH or TOH? 

This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.

However , properties taxes are due like roughly 12k for the two lots. 

Preforeclosure owner finance wrap, paid off the default payments and taxes with cash and assumed the owners loan.

Someone can be a brilliant tax person but horrible to work with, and also vice versa. 

You can use it as a downpayment on a property over $450k and use leverage tax free.

Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

Mgt, Landscape/Snow, tax, insurance, utility then debt service.