I was lead to believe this gave the PR the license to sell any assets and pay beneficiaries. 

You get what you pay for, but if well maintained they will hold up.

Marcus,If you want more exposure you can list it on the MLS, and you will have to pay a fee to the agent that brings you the tenant then you will have to do a credit check and background check yourself for each applicant however for my clients I prefer to list it on Zillow rentals only, because I can manage the applications directly from there and the prospective tenant only pays $35 application fee once and can apply for different properties with the same application fee.

(Increased rates and loss of discounts on all policies, not just this one.)You’d be better off raising all your deductibles and using the savings to pay for your floor repair.

The advantage of using a new build, when available, is a first-come-first-served environment instead of the multiple offer pay over list market in resale product.  

It is suggested that  "Small" landlords use a collection agency, who will report the non-paying tenants to the credit bureaus.   

A paying tenant isn't something to discard too easily.

My question is about taxes.  

My DTI is off, if this rental income is not considered.Second catch, I had Cap-Ex on the Triplex and another property which I bought in ruin and stabilized, last tax year.

At a tax sale in fall 2014, one conglomerate bought over 6,000 properties as a "blight bundle".