That is likely going to create a big tax bill.You may read on the internet about partial distributions over time to reduce the tax hit or at least spread it out.  

Wanted to double-check (as a forum newbie) and I couldn't find anything prohibiting recommendations so here you go:Carolyn Hammack with Ideal Properties of Ocala (she is a property manager and Broker associate who works with investors)Danielle Griffin with Bricks and Mortar (just bought an investment property through her last month)I have no affiliation with either brokerage other than I have used them to purchase property in the past.

To find an example you can either search your county clerk's website for a previous quit claim deed to another property - they are widely used, or even the internet.  

How are you streamlining rent collection from people that don't use the internet?

Next we had to install a 24/7 first responder fire alarm monitoring system ($100/month) through a security firm that also required high speed internet to monitor the alarms & sprinkler system.

You have to have a either an automated security gate with internet communication to you and lock down and open up. 

So we went to list the unit to our website and syndicate to several other sites when a notification popped up on Buildium and said that they are no longer able to directly syndicate to Apartments.com ( we will have to list with them directly) and their affiliates.

In addition to normal real estate expenses you will pay utilities, cable/internet, cleaning fees if you hire a cleaner, supplies such as toilet paper, paper towels, and other amenities you will provide.

Before you communicate any further with this "lender" (or any other strangers you meet on the internet) and even consider doing business with them (and certainly before you send them any of your hard earned money), read these posts and learn how to spot the scammers and fakes:-  Should I be worried about my DTI? 

I think they all charge about the same (40%), so my preference is a local company with good Internet preference.Usually, you lease up one week or less so the turns is an issue.