i agree with @matthew paul, there is no way to predict any of this, and one of the worst regrets suffered is that of lost opportunities, you can hear it if you talk to any senior citizen about investments, rarely do they tell you about their victories, most of the time they will tell you about the one that got away, and so it is with life.

In fact, the "course" itself suffers from the second item listed on the front page under "major downfalls". 

. - Prop 13: My family suffered from this big time on a property on Gulf Shores Alabama.

I see the potential of how real estate and change my life but am suffering from analysis paralysis, also fear of things going wrong and losing big time. 

Right now I’m suffering from a severe case of “Damn, I wish I knew as much 5 years ago” syndrome.

Medical Payments: Provides coverage for an injury suffered on the premises.

As such, while the national real estate market was in disarray around 2007, Fayetteville was one of the least affected markets in the entire country, suffering no greater than a 7% decline in prices (and lower in the investment-grade range).

Or do we just suffer the taxes now and somehow add this $120k to the cost basis when we sell the house to lower our capital gains taxes?

When LL doesn't respond to your offer to purchase, sue for emotional pain and suffering. 

My website has been changed from a LeadPropellor site to a self-managed site and it suffered a fair amount of neglect for a few years (because I manage it and I'm busy lol) but I'm in the mood to bring it up to speed.  ...And I've gotten much better with WP.