One thing I am doing is putting 3 day inspection periods rather than eliminating inspections completely because I know things could pop up. 

This is not eliminating the tax generally, it is deferring the tax.  

@Eudith VacioI think you meant you did the Limited 203k, as opposed to the Streamline 203k, which was eliminated back in Sept 2015. 

It also tends to eliminate scammers and other BS operators, so you have less of that to deal with.On the other hand, by charging a fee it drove a lot of the people who didn't want to pay for anything to other sites.

Is there a better way to use the profit/capital gains and reduce/eliminate taxes on just my share? 

Is there a better way to use the profit/capital gains and reduce/eliminate taxes on just my share?

Google Street View and Sat View will help you eliminate properties, but don't always help you on what to buy.   

Then when your building naturally appreciates, or if you force the appreciation, you can refinance it in a few years and eliminate the PMI which can create substantial increases in cash flow. 

@Evan Swanson- great  question ...FHA loans  will likely be slightly better  priced than conv  loans .....FHA have UFMIP  fee  of  1.75%  ( which is huge)  ..this can be rolled into the loan  but  its  still a large  fee  worth avoiding if you can ...FHA has mortgage ins that is 1) expensive and  2) permanent  .....you cant   eliminate it  other  than  paying off / refinancing the loan   ...there are conventional loan  options that have a  3% min down  payment for  some cases ..if this isnt applicable - then  5% down  is normal Down payment ..Summary - I think conv  option is better than  FHA in most cases ( esp if credit is  good)

I have a large SFH with 3 bed/1bath/living room/kitchen upstairs and 2bed/1 bath/living room/kitchen downstairs. The downstairs is mostly above grade and has a separate entrance. There is an interior staircase connect...