Hello Everyone I'm new here seeking out strategic ways to invest in Tax liens in the DMV...

Meaning, preferred equity often gets paid a fixed rate of return (like debt) but can also still earn tax and depreciation benefits (like equity).

Proceeds from that sale are tax deferred and it made buying up on an asset easier.

If your "DTI is going to scare away any bank," then you follow it by saying both properties are cash flowing then what I surmise is the properties might cashflow in real life however on paper/tax returns you're probably not cashflowing otherwise these rentals would be improve your DTI (going down % wise) if they're actually cash flowing.So the above doesnt add up, did you get an adverse response from your current lender contact?

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Don't get me wrong I love the software, but I have one tenant, it's one condo, can't I just hand over a simple spreadsheet with all necessary tax documents to my accountant and call it a day?

This is a capital gains tax free sale of your personal residence ( up to IRS limits ) and not a loan that will affect your DTI ratio.

Looking for accountant referrals in the Cleveland/Akron/NE Ohio area with strong familiarity in investment property related tax matters.I'm planning to purchase my first investment property shortly, but I need an accountant to do tax preparation for my current retail business this year (Form 1065) and personal returns.

Otherwise, look at the investment from a perspective of the basic annual cashflow and then determine if you would be able to gain any significant benefit from the depreciation or other tax benefits of the investment (speak to your CPA on that matter).  

There are also tax considerations, such as depreciation and IRS Section 121 Exclusion.