@Chris DoucetteIf it sounds to good to be true....It's possible they are just quoting you their P&I payment, when you are thinking they are quoting you principle, interest, taxes, and insurance.  

During that transition phase once i get rental income what should i begin to account for or change or tell my CPA to make my taxes go smoothly 

Seeking potential legal/tax advice here - I have already setup an LLC with a business checking account/credit card.

Were you there 2 of 5 years for tax exemption?  

Do you know of any situations where property taxes are increased exorbitantly to shake loose undeveloped property?  

I purchased a townhome last year in Nevada & I have tenants who are paying off the mortgage. 

DSCR is calculated by using the monthly market rent or lease (up to 120%) and dividing it by the Principal, Interest, Taxes and Insurance Payment. 2.

So I had to call it off or risk getting a bad rep with the other realtors not too mention losing far more money.

So you can take that off the table.Buying an investment property first would be smart, but you can actually set yourself up with a unique option if you do it correctly.

Be sure to document any changes in writing and have both tenants sign the new agreement.