Not sure if that's realistic or not.With self managed, reducing CapEx, I'm getting 4.11% 5 year annualized return, and starting off with $142 cashflow/month. 

Do I add it to my cashflow, or put it into a separate account?

Adding her to the current lease and charging for the additional pet rent?

Meaning, after the home was fixed you could be looking at an additional 2 years of rental before it would qualify under section 1031.

In addition to that I love accounting and tax and love helping people and pointing them in the right direction even if our model isn't a fit for them hit me up any time!

This could help generate additional income and attract a broader range of tenants.3.Partner with a nonprofit organization: Some nonprofit organizations specialize in affordable housing development and may be interested in partnering with you on this project.

For me I use 6 months of reserves (monthly payment mortgage, property taxes and insurance) for each unit (if a duplex it's 2 units) and an additional $10,000.

Depreciation reduces your taxable income." 

Another option is to get an interest only loan, which reduces the payment amount and thus allows for more cashflow.

There is a cabin on the property that can accommodate additional 6-10 guests but the current owner has chosen not to rent this cabin despite the numerous requests.