I have suspended Passive Activity loss that would reduce the gain, but not eliminate the gain from tax POV.

This is sometimes where people make a mistake, if you owe someone money I pay them what I believe they are owed.

It could be an issue where he was young and made a mistake while under the pressure of puberty, which may be a different story.

Start small, make mistakes, embrace growth, and learn from others.

A Heloc can never be used as a PITI reserve, or an asset instead its a debt burden and an additional trade line on credit.A Heloc carries a higher risk when it comes to security meaning if you miss a payment even by mistake or for any reason, your scores drop, or your balances start to change your DTI or usage percentage.

We learn from our mistakes.4.

In principal it sounds good but I am not sure how it is better unless it eliminates a large deposit.

Also, Padsplit will want you to eliminate any dining room, den, etc to add more bedrooms. 

ETC.Most people who get stuck in analysis paralysis either don't really want to be investors or are so terrified of making a mistake that they'd rather do nothing.

Nothing will eliminate it entirely but that sure went a long way.