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).

You would have had to be there for at least that to save on the capital gains taxes (up to 250k). 

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

I’m looking for ideas of how to do this, and any advice on how to protect my primary property along with paying low taxes. 

Your actual property taxes alone on that will be over $10K a year in 2025 and don't forget about that supplement tax headed your way.I would suggest keeping the others and maybe changing to LTR if that will give you consistent cash flows.  

Agreed - plus two additional thoughts:1) I always recommend having your CPA also review the drafted operating agreement for the tax issues. 

Consultation scheduled for November, looking forward.  

The taxes are higher, the properties are older, however we account for those issues.

Property taxes creep up, exterior repairs , and a brand new HVAC last year wiped out $11k of reserves.

even if its interest only, id want to pay down principal here and there. seems like sellers would offer this interest only route so they have 0 capital gains tax, but id rather pay down a bit of principal in 7yrs. i see its not required but it should allow for principal paydown in promissary note3) any general advice to look out for on seller financing?