All that to say, I'm not sure when they will want to cash in and sell the lot due to the appreciation the subdivision has provided.

How much "fantasy" is provided?

I will provide useful information along the way, but getting subscribers is the number one goal, and to that end, most of the talking heads are going to make investing sound FAR more sexy and lucrative than it really is.  

I found the son on Facebook and sent a quick intro giving my condolences, expressed my interest in purchasing the property, and provided my phone # in case he decides to follow up.I'm in the process of preapproval with a couple lenders, and have reached out to a couple realtors in my area to see which may be a good fit.

This is a physical asset, not paper, and it's providing consistent income.Albeit for your not understanding tax laws and depreciation, I'm wondering why there's a question as to what you should keep.You understand capital gains, but I'm pretty sure you're not familiar with depreciation and loan paydown.

Many of these PM's have too much on their plate and are unable to provide you with consistent communication.

So I’ve read that unbrella insurance providers require you to use them for car and home.

Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.

So actual benefit is hard to nail down until it's actually tested/required to provide protection in the event of a lawsuit. 

I can only speak to Milwaukee, but on average the three distressed properties I have purchased over the past ten years have appreciated an average of 200% all while providing steady cash flow.