I had the deed notarized at the time of signing. 

I live in the greater Tampa Bay Area, which appears to be a hot market overall and no signs of slowing down.

If you traded a $300K property into a $330K property, after the transaction, you'll have two properties on your schedule E.

@Camden Smith related party rules for transactions can be very tricky. 

@Pat Heidingsfelder thanks I was thinking of signing up for Zillow.

I think I would come close to allowing her out of her lease assuming she funds someone who passes your screening requirements and signing a lease with her replacement.

Hello my name is Cedric I’m a New Investor Looking to put out signs, put up lockboxes, check on properties, perform any menial work necessary for investors or agents in exchange for experience/knowledge.Thank You for the opportunity!

Her asking price is a square deal and I'm ready to make an offer tomorrow, but she has no real estate experience and I have none sans-agent.Any crash course advice for a newbie who has no fear of doing the necessary work, but I don't know what I don't know.Here is how I think it might need to go:1) Make a formal written offer (Find a standard real estate contract & make the offer for both parties to sign.  

Another concept to be aware of is retirement plan prohibited transactions, which restrict with whom IRAs and 401(k)s can transact.

I am committing my self to this job for at least a year so that I don't have to repay a signing bonus but after that I will be up in the air on what to do.