KC has some interesting tenants and doing section 8 you will attract more of those

This was a great learning curve and will humbly do it all over again.

They are looking to do a 1031 some day but thinking it might not happen so quickly so they might just want to rent it back out again.

The broker may not want you to do that or may have other restrictions. 

Do we need to get workmen compensation or other liability insurance?

This firm specializes in representing landlords doing evictions in Colorado and probably does 80% of all evictions in Colorado.Sure, doing the first "year" as an 11 month lease might help address the new tenant in perpetuity but after the first 12 months they are your tenant as long as they want to stay (with the exceptions allowed by the law).

Since you are an active service member the IRS will allow you to have lived in the property for two out of the previous ten years of owning it. you'd just want to verify with your accountant that you qualify for these extensions.Since you converted the property to investment, you may also take advantage of doing a 1031 exchange when you sell.

Hi guys - we are about to close on a property soon in Philly and are planning to do the following work - -Add HVAC, Add a full bathroom and add a half bathroom, Fix kitchen (keep same layout)My contractor is saying that (Approach - 1 ) - we don't need to pull permits.

Unless you know exactly what you are doing, you could be financially destroyed.Listen here: https://www.victorjm.com/2022/05/office-to-residential-conve...

Once you find one that vibes well with you and seems to know what they are doing I would just hang tight with them.