This is a very common way for people to investing using their retirement accounts.

I just got a notice from the MD department of assessments & taxation that the value of my property will increase from 120k to 261k , spread out over 3 years equally.This is a ridiculous increase of 118%.

I noticed  

I’m unsure what kind of notice I need to give them—does it work the same way as residential leases, requiring a 120-day notice?

Learning from agents commonly working with investors is your next opportunity to find a mentor.To be honest, I wouldn't try to find a mentor from random investors on the internet.

Quote from @Gary Abrams: Software is a common question on BiggerPockets.

And notice the flow.

It is common area and I assume you excluded it and would be entitled to be a guest of your son.

Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly.

Starting out, it’s common for new investors to own rentals personally to access better loan terms.You will most likely have to buy it in your personal name and move to LLC later.This post does not create a CPA-Client relationship.