I've talked to one lawyer who looked over the title and taxes documents and said it's clear, but I don't fully understand what that means.

Make sure you always get a estoppel letter prior to closing on your next property.

I purchased a 1 BR 900sqft condo in 2021 with a depreciable tax basis of ~$275k and spent most of 2021 and first half of 2022 renovating the property (new appliances, flooring, painting, furniture, bathroom renovation, new kitchen countertops, new electric heaters, insulation, fireplace/pellet stove).

I had put in the MDF cabinets because the wife liked the look and that was prior to any decision to turn it into a rental.

Hello for a beginner investor, which type of investment would you recommend, tax liens or mortgage note investing.

So many are misinformed on what S8 does and how it does it.It's our tax dollars, so S8 is NOT looking to place low-income tenants (S8) in Class A properties.

The IRS will make you call it profit and tax it. 

After they pay rent and taxes they have about $1,500 or $388 a week for everything else.

Since this is my first property purchase ever, I wonder how escrow accounts, etc for property taxes would work.  

You may not include income earned that is not on a tax return, an administrator or PHA may consider additional income in that household, a teenager may mow lawns or receive child support that may influence funds available to that household.