Debt is not taxable income, so there should be no taxes due.I'm no lender, but you will need an asset-based loan like DSCR (debt service coverage ratio). 

Contractor was slow, so I started my own team Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I wasn't able to find another lender who would require less than 30% cash and lots of points, so I didn't qualify with any other lender either and had to release the contract. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

When we went to the first weekend event the man who hosted it for epic made a point to ask if anybody could find any bad reviews on Epic and that was one of his big selling points was that it was hard to find any bad reviews which then made us think that it would be okay to put ourselves $40,000 in the hole on this.

My wife and I buy the homes with cash we borrow from a hard money lender. 

These are just a few ways to begin making contacts and learning about the strategies available to you.Once you decide on a strategy, I'd recommend connecting with an investor-friendly lender who will give you an idea of how much you qualify to borrow for your first property.As you progress in this initial research phase, your goals and action plans will become clearer.All the best!

We are very familiar with the local markets, have the lender & real estate connections etc. 

If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?