But the big capital gains questions linger here. 

I don't have answers for all your questions but my opinion will be as long as you disclose to the sellers and they understand that they are selling their asset in a deep discount ( in your case $18500 vs $60K value) you are fine. 

For the practicality of the OP's question, vacancy isn't an issue.

Feel free to reach out to me directly if you have questions or if you want an opinion on an area or property.  

I apologize in advance if any of my questions seem naive.Thank you to all BiggerPockets members for your insights and guidance.

Let me know if you have any other questions! 

If you have any specific questions about skip tracing, please let me know.

Make a short list of questions to ask.

Go to the PZ group and start asking them questions. 

I do not know the answer for your last question.