You should also have a conversation with your tax accountant about your bank account setup. 

I told him that just this morning I had a conversation with an investor who was interested in hard money in CO.Here's his info:Kevin HighmarkChief Loan OriginatorKevin at capitalfund1.com (that's his email, just convert to @)NMLS #1330046 Capital Fund I, LLCBK-0917799Company NMLS# 396288www.CapitalFund1.com14555 N Scottsdale Rd | Suite 200 | Scottsdale AZ 85254d 480  656  7458

Have a conversation with your property management company well in advance of any transition to ensure you are fully aware of all terms and conditions.

That usually ends the conversation.

Hello I’m looking for information regarding turning an unfinished basement to a legal apartment in a current 2 family. I am in an R3 zone so I am under the impression I have the ability to do so. My issue is not knowi...

Hello, I'm looking to build an ADU on a property and then convert the two homes into a Condo association. Has anyone in Oregon had any luck with this? The reason I want to do this is so that the ADU is worth more on a...

I would suggest having a conversation first about what interests you the most, being excited about investing goes a long way, I would not just do it just to do it, what will motivate both of you?

The successful wholesalers I know spend $8,000 + per month on online marketing, SEO, SEM, landing pages, lead conversion, etc.  

A 1033 exchange is specifically for involuntary conversions and catastrophic loss situations like yours. 

Quote from @Arvand Sabetian: I think most others have already provided sound advice.I wanted to emphasis having a conversation with your tenants about the septic tank, not just a clause in the lease that you assume they'll read and understand.Many people are unaware of what they can be doing that causes issues to septic tanks (e.g., flushing the wrong items).Also, make sure you do a walkthrough yourself prior to filling the unit.