A lot of these markets are also landlord friendly and offer lower taxes as well. 

Can't use bonus depreciation but could use accelerated depreciation and get most (not all) of my rental income tax free.

1) Who's paying real estate taxes?

Then get hit with the capital gains tax, but then when you buy second property and live in there 2 years and sell, do you get to transfer over the 2 years no tax benefit since you did not use it on the first property?

I use the rental calculator all the time to analyze deals as well as some of the other features and then write off the costs as education at tax time.

Generally speaking it would be as follows:                                    DR          CRCash                         $64,000Mystery Account(s) $11,000Mortgage Liability                    $75,000

That's how the tax man see it.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

Property Tax GIS system. 

Why not do all this in your personal name and just get an umbrella liability policy (which you should have anyway)?