From a tax perspective, you'll want to take what you paid for the property plus calculate the improvements you made to the property during your time of ownership.

Any tax pro who is familiar with REI will be able to help you.

After sitting vacant for a while I'm entertaining the option of converting to residential units.

So, when Trump changes to no tax on tips I feel inclined to change my rental income structure.50% reduction in rent.Previous 50% made up from a mandatory nontaxable tip. 

I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. 

Same tax situation and more likely higher potential to appreciate faster.

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).

could be just like a regular deal, but if you're up for pitching, presenting and educating a seller on the tax and other advantages of seller financing, you just might turn it into a seller finance deal.

These logs regularly end up in the Tax Court and are usually destroyed upon review.

Quote from @Matt Pfefferlen: In a HOA foreclosure in California, does the homeowner get the excess funds after the 90 day redemption period is over or soon after the auction takes place?