It could be you, your kids, friends, who lose out and are the provider of the great deal: loss of income, over-leverage, drop in rents.  

After all, you aren't going to get someone to sell it for a loss (probably) so need to know that as well.

Please correct me if I am missing some line items here, but here are the working numbers for the property:+ Gross Rental Income: $150,000- Cleaning Fees: ($21,600)- Management Fees:  ($19,260)- Property Taxes: ($3,700)- Insurance: ($2,400)- Trash & Local Tax: ($650)- Utilities: ($7,200)- Pest Control ($560)- Supplies/Maintenance: ($1200)- Acct/Legal: ($1500)TOTAL EXPENSES = ($58,070)Net Operating Income = $91,930---Based on my limited understanding of the local CAP rates for similar properties in Philadelphia, PA 19106 it looks like 5-6% is a realistic number. 

In total there are about 150 line items on mine.

The seller moved to South America and wants to get this off his hands ("he's taking a huge loss but he wants to move this asset").PROS:The mayor of FW is pouring money into this area so I think I'd be near the front of a gentrification.Its rehabbing is mostly complete.I can do most of what is left myself - from a rehab perspective (except for HVAC)Its crime is in the middle from Trulia's crime reportingRent-o-meter and Craigslist make me think I can I can rent around $1k for each sideCONS:No HVAC at all.

@Ryan GroeneNot sure the type of waste treatment,it looks like a concrete pond in a fenced off areaLooking at the profit and loss statements for the past 3 yrs the park total expenses avg 387.00 per month That’s water/sewage and trash pick up , trash is 125.00 per month so I don’t really see the big expense I understand IF the system goes bad it would be expensive but it’s 10 yrs old so I Assume it has some Longevity left

Although 9/14/18 is not a lot of loss on your part.

I have taken and Airplane   a Mercedes and a Boat  few other odd items as trade for real estate .. with the airplane being the best one.. but its hard to get them to do that because most that want cash and all I had to trade was vacant building parcels.. so with cash flow that might be different but they would have to come up with cash to settle your mortgage or put a loan on it to take your mortgage out.. you don't want to sell sub too in that instance as its fraught with seller risk and it will impinged your ability to get new financing.. 

You can forget about maintain the home if you rent including the possible capital expense items that may happen before you raise your reserve account used to save part of your rental fees plus you will eleminate travel expenses to keep up with its maintenance and possible capital expense repairs. 

If you sell within a year, intent might not matter that much because both ordinary and STCG are taxed at the same rate. ( I am assuming you dont have a capital loss that could have been used by capital gain and you dont have pay 3.8% Net investment income tax based on how much you make).4) however, if you rent it out for more than a year, and sell it, and if you have documented you intent property, you would be paying Long-term capital gain rate.  5) no matter when you sale, you have to report rental income and adjust the basis as you mentioned. 6)I would not transfer the property in the GC business, for liability reasons.