I live in Louisville, Ky, and I wondering what kind of taxes to expect on cash-flow from rental houses and apartments.

If you go into this as seeing your property as a tool of the trade, and not the love of your life, and expect damages and evictions and knowing you will have to fix it up every time a tenant moves out,  then you can make a nice living out of it. 

Please avoid ordering from him as he won't ship the cabinets (or send broken cabinets).. then insult you with a fake refund that goes NSF.

The bills I'm getting seem to be higher than expected based on what they said back in November.

As far as the total cost, I would expect that to be normal until you hire the contractor. 

Regarding the timeline I can expect, the realtor said I should know if my offer has been accepted in 48 hours.

Up-to-date amenities list Competitive and accurate pricing Up-to-date calendar High booking acceptance rate Accept bookings and respond quickly to traveler requests with all bookings remaining on the HomeAway platformHigh average rating and reviews per listing Give travelers clear and consistent expectations about your property and provide quality experiences that lead to great traveler reviewsLow cancellation rates Honor bookings and avoid cancelling on travelers.

2) If feasible, would renting out one side expect to be rented for $2,350?

Many listed properties have an asking price not supported by the property's condition.To make your determination, you need to do a full analysis to see if it matches your criteria, including your expected ROI and cash flow potential as well as the comparable recent sales.

If they aren't living up to your expectations then you should move on.