Just a thought but if she really didn't want to pay the tax you two could agree on a note modification so you were paying a competitive rate to her and she gets to keep the loan in place.

Will it be more competitive with other investors attempting the same strategy?

I spoke to my property manager yesterday, we’re going to price the rental very competitively to push through the economic crisis, which I’m okay with.

It’s an extremely competitive market with lots of active investors, but what good market isn’t competitive?

With all of the external factors going right now, I'm trying to think of anything that can give me a competitive edge in comparison to other rentals on the market.

LOL  Either way, I will continue to pursue the act of growing a portfolio and chalk this up as a crash course in investing with a HML during a global pandemic on a property 958 miles away. 

As of February 17 2020 only approximately 1000 people contracted the virus in China, where it originated, now has become a global pandemic with 270 000 people being infected in as little as 30 days later.

It was listed at a competitive price and I was getting a good amount of interest. 

The multifamily space is very competitive with househacking strategy folks who can "afford" to bid more than a non-occupying investor due to better financing (rates, lower down payment etc) and also by self managing. 

Hi Everyone,Stock market has crashed, there are mounting global economic worries, we are at the edge of moving into a recession.