I purchased my first investment property through an online auction for delinquent property tax.

You have tax benefits through depreciation and you are gaining experience via property management.  

--- Does the property have 2 Tax ID numbers or just one?

Tax implications?

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If all goes well, my monthly payments could drop about $60 from a tax reassessment in about six months.

you'll probably still need something long term like software as others have suggested but this was a thought i had... you could see the actual profit or loss from a tax perspective for each property.

I did not see taxes taken out for profits.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

So, for a $60k loan, you'll likely need $12k-$15k for a downpayment, $8k-$12k for closing costs (prepaid insurance and taxes, lender fees, attorney fees, points, prepaid interest, transfer taxes, etc), and then another couple thousand for reserves and whatever else.