I was thinking this might work on my property in Redding and can be adapted to a shared housing project for seniors (though I'd want rooms large enough for bed, bath and seating area)  It's my understanding that it is considered a SFR with seperated bedrooms as far as planning.

Are you planning to sell the house after you finish the rehab or rent it out? 

I also am planning to meet with my PM on Monday to discuss pain points and better expectations, I would love to hear what sort of expectations you set with property managers?

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

I will preface this with the fact that I have a legal background, specifically with estate planning and asset protection.

You have kids - do a 529 plan and max it out You will retire one day - max out your 401k yearly, IRA, Roth IRA (or backdoor to Roth IRA)You will have health expenses one day - max out your HSA From here I'd invest in Real Estate.

I’m trying to keep things moving, but this $20K requirement is throwing a wrench in my plans.

Instead of continuing to hire remediation contractors you should hire a hygenist to come in, do some testing and provide a remediation plan.

Quote from @David Epstein: I everyone, I know this is an older thread, but I'm also now getting into properties in the Albany area and am in need of a CPA with real estate tax knowledge for advance planning.

This only really matters if you plan to buy a house again soon...within 9-12 months4.