The longer you hang onto the SD property as a rental, the greater your depreciation recapture tax bill will be when you sell ( you can wrack up a hefty sum pretty quick on a prop of that value).

People (homeless, houseless, or otherwise) won't hang around if their needs aren't being met, including the need to feel welcome and safe.

You must be hanging out with the wrong agents. 

My husband and I were having a conversation with another agent we knew from a local hang out.

Are you wanting hands on training, to be on a team that provides leads, someone to mentor you, or are you looking to just hang you license and come and go as you please?

Manta.com can help you get the low hanging fruit on LLC ownership. 

Yep - I started buying houses for under $5,000 - therein was my wake-up call - my street seminar - the school of "hard-knocks -- guess what - I survived and made some serious profits from junk real estate in Baltimore.Looking back on all those cheap houses, I guess I was fortunate to have very little knowledge and even less money - I had no choice but to learn the creative aspects of investing - I used credit cards, I did subject-to's, delayed settlements, financing companies, tax sales and foreclosures -- I was forced to learn how to fix these dirty dogs - I would get on roofs with Jack-Legs to learn how to do them myself, hanging dry wall, the art of mud, electrical and carpentry ----- WOW was I ever lucky to be unemployed with no money and a force that pushed me to achieve cash flow or equity.

Most people would have given up on this file and quit so they could go try and find the low hanging fruit.That is not the model that I operate, I look for reasons to call the genealogist.

So yes, you'd have a tax bill unless you have a ton of capital losses hanging around that may offset it. 

One weekend a month I serve on base in the Air Force Reserves.My hobbies include hanging out with my two boys, camping, fishing.