Your "partner", and referring to her as one is generous, isn't being treated like a partner. 

A complete gut renovation that resulted in a 4 bedroom (2 suites - one up and one down), 3 bath, and a bonus room.

The study identifies with forensic engineering detail the immediate Bonus Depreciation 5, 7 and 15-year personal property class lives qualifying portions of a building that are normally buried in 27.5 year residential or 39 year commercial categories.

Income: > $200,000 (gross) before bonuses; Credit: mid/high700 to 800; Rental History: Great, references available.

3 - (BONUS) - When will bot of these conditions be meet so I can sell the property, minimize the losses that are about to kick in, and max out my profits?

Then, the tenants move, anyway, when they want after you lost $3,000 to $5,000 every year after being generous with your discounted rent.Treat your rental business like every other business in the world like every business owner who wants to charge the maximum amount the market will bare.We have tenants who are dying from cancer and can't work, tenants who lost their jobs, tenants who lost a loved-one i.e. a husband or a child and as a property owner we don't have the luxury to have feelings for our tenants and then try to explain to our banks and business partners why we are not collecting 100% of our projected rental income.I always think of running my businesses like I am a manager who works for a corporation on the opposite of the country and ask myself how I would explain to my boss why I kept rents below the market and how I would explain to my boss why he is not earning maximum profits or maybe even going in the red on his books.

I'd really like to network and find people with some experience, and it's a super-bonus if you've done deals via seller finance or sub-to...I am confident in my ability to acquire good deals, but I would really love some different perspectives on what to do with them once I've acquired said property.I've waited and learned, and waited and learned some more.

Over the next 30 years I bought out my partner on generous terms (he drove a hard bargain) and it now has a net worth of over a million dollars.My point is that even without seeing the big picture and having a big plan for a life of real estate investing, even knowing what is and is not a deal and taking action can be very rewarding. 

I would offer the tenants a fair rent/lease agreement and if they rather don't want to accept it, offer them a move-out bonus.

It ends up being a nice bonus to help them get started in life.