@Cyndi Lees the thing that catches my eye in your post is that it would require quite a bit of work to get it started as a rental.

May require some patience, but trust me, this stuff is not easy for some people to follow... 

Why weren't uber drivers required to get taxi licenses just like taxis did? 

By doing this, you’ll avoid any surprises down the road and ensure the deal still makes sense for you financially.

Professional property managers stay updated on legal requirements through memberships in state or national organizations.

@Ricky Sanchez One of the requirements of doing a 1031 exchange is that the tax-payer for the relinquished property has to be the same for your replacement property.

I am here to tell you ways to avoid this from happening!

Primary $250,000 per spouse avoidance on capital gain.  

Quote from @Jokari Trueheart: HI, almost 11 months ago I purchased 3 duplexes and I borrowed the funds from my personal residence which I took out a equity agreement for the down payment on the investment property, great idea at the time because I have 10 years to pay it off and theres no payment requirement, but , I learned more about the consequence that it takes a large chunk of my equity the longer I take to pay it back, so my goal was to refi cash out the investment property to pay it back but I don't think theres enough equity yet to pull the full $106k needed, I only borrowed $88k but with the equity percentage for one year i'm paying about $18k in equity on top of the amount I borrowed if I pay it off in year one, so I need this paid off ASAP before it increases more.

It's not required in any way.