The new 20% pass-through deduction can be a huge tax saving for those who qualify. 

I may be better off flipping it.If I keep it.I will realize 44k in equity10k in tax deduction from repairs, de minimis and bonus depreciationtax deduction closing costs for the loan Ongoing depreciation = 5,500 a year (150k basis / 27.5 years)The cost to me: around zeroClearly, this is not going to be as profitable as the first, but It will provide a tax deduction of 20k. 

As such, you are paid a gross payment with no taxes taken out.You may be required to pay estimated tax payments throughout the year.You may be eligible to deduct part of the cost of your automobile if you drive clients to properties.You may be eligible to deduct a portion or all of your health insurance costs if you pay for it.There is a 20% QBI deduction that you may be entitled to.If you knew all of the above, go ahead with a software.

This helps to assure vendors are being conscious of unusual issues at property, the PM company who I'm sure doesn't see the property in person as much as you think has visuals to see if say a bike is laying in yard and landscaper just mowed around it or trashy, and if you see those issues in report without comments it was taken care of express your displeasure the PM company isn't doing job to your standards.

@Patrick Archer for a traditional rental property I would say 60 days out is standard (gives people notice time for their current landlord etc.).If you're doing a student rental which it sounds like it may be due to the timing, I believe January on-wards some students start casually looking for accommodations for the next year.

Would we qualify for a conventional loan (20% down, standard interest rate), due to the fact that he will live in one of the units as a primary residence?

I charge $50-75 more a month for mine, remember that hones are the gold standard in renting.

Then the state of Nevada said my modern turbo diesel engine was illegal on an emissions standard.

The sales paperwork said the property had a source of water that met the city drinking water quality standards.

The refinancing I believe with be difficult, since it will be 30-45 days to obtain the money and also they require someone to make a decent income(I deduct everything).