Consulting with an immigration attorney is essential to navigate this process correctly.There are plenty of alternative ways to start investing that take very little work.

Definitely a CPA should be guiding you through the process but I think for starters having clear documentation of WHEN you moved out is critical for any buisness expenses.

So do a bit of research, see what similar homes did sell for, ask your agent for a BPO of the home and nearby sales.

Most of them are selling the property, not the paper.

If someone wants to make bead necklaces and sell them at a craft fair, I'm fine with that.

You are not rehabbing to sell, so I would not refinish them.

build - rent - refinance - repeat or build to sell for a profit? 

I nor my RE agent was made aware of these conversations during the buying process.

In the past we've used a property manager, but this will be the first time that we are managing our property and having to go though the process of acquiring a new tenant.  

I did sell mine just a few months ago and I bought a new 4 runner in dec so I could get 100% write off.. but buying gas is a new experience I wont even look at how much it costs I am afraid we are 3.50 to 4.00 her in Oregon..