The contract should also have a Scope of Work attachment that outlines exactly what the project will entail and the estimated cost of that work. 

I've attached a picture of my spreadsheet for reference.Key assumptions:20% down, 30 year loan at 4.5%Property management fee estimated at 9% (includes fixed and variable)OpEX - 5% of rentCapEx - 6% of rent  Vacancy - 5% of rentInsurance 0.4%Property tax - I used 2017 numbers and bumped it up by a bitI assumed no up front CapEx to simplified things but likely there is some work involved

People generally attach 401k with profit sharing plan to get deferral up to 55k. 401k alone is only 18500. 

The only reason you havent sold is that you are emotionally attached to the property.

In 2018, I extended their lease slash created a new lease agreement (which states that you will abide by condo rules), but I did not attach the condo rules again since I had already sent them the year prior.

There are often judgments against an owner but if they are filed in a different county they do not attach to the property.

I attached a picture of the staircase. 

We occupy the main space and rent out the attached studio space.

Recently we started embracing the banking industry but I'm not a big fan of being personally attached to properties. 

The assets here are the ex-hubby's shares in the S corp, not the real estate... and yes those shares are attachable if solely owned by the debtor.