To touch on what Mike Arrigo said, the appraiser will pull the comps (closest recent sales) and do adjustments for all the differences.

Steve, the closest thing to a mentor for me is Bigger Pockets.

That one was $145k, rental income 1.2- 1.3k, 120/mo HOA apprx 1k/yr taxesSo new possibilities....90% of renters in this area are militaryI have 3 new prospects now - all SFHFirst is $129k but I'm told very negotiableHouse is in decent shape and move in readyIn decent neighborhood and closest to military baserent 1.2ktaxes $987/yrSecondIn a nicer neighborhood, further from base but best school district$139kHouse is in good shape but would replace major kitchen appliances to get better rentrental income 1.3 -1.35ktaxes $1100ThirdIn a nicer neighborhood, further from base but best school district$150kwant to replace carpeting with wood/laminate to get better rentrental income $1.3-1.35taxes $800Any thoughts on these?

I was going to check out the neighborhoods closest to where I live now and make my way to Washington Twp but I should be doing it the other way around.

The eviction was purely based on a tenant at will situation in which she would not move out when given the proper notice.I think she kept paying because she thought it would look better to the judge but because she was a tenant at will she didn't really have a choice.Also - if you end up filing for an eviction don't go to the housing court go to the closest local district court as they are supposedly less tenant friendly.

I'm looking forward to chatting with everyone, making connections to aid this transition and giving back to the BP community!

Gonna let this one go since it seems a bit more complicated than I'd prefer (would be my FIRST foreclosure transaction).Appreciate you guys coming to my aide!!

They are not split out and I have created the closest average I can with only 8 of 12 months worth of statements from 2016. 

If no will, who was closest relative, the Aunt maybe?

The fact that you have referred to it as a Flip in writing doesn't aid you in proving that intent.There's no hard and fast rule, but the general consensus is that you need to have held the prop for 12-18 months in order for the IRS to feel ok about your intention to hold the prop as a rental long-term.