I explained the entire situation to investor #2 and he had me write up an offer for $66k.The bank reviewed it and Countered at $68,800.

Keep in mind that others may tell you what to do and how to do it, but you MUST cater it to your situation and your goals.  

However, once you can fill all your time up with money-making activities, it usually makes sense to have someone else help on the accounting side.If your situation won't require ongoing support- it may be helpful to contact a CPA/accountant on here that can help with QuickBooks setup and training.

Hi Ryan, my husband and are in the exact same situation.

Is anyone familiar with Property Insurance Options for this situation? 

Is there any way I would be able to do a 1031 exchange in this situation?

Does the exemption continue until he hands off, and then it ceases to exist for future situations, such as a post-lease reasonable accommodation request? 

Hi Everyone,This is a new situation for me.

Situation is this...  

Without knowing your entire financial situation and looking at your past and upcoming tax returns, it's unrealistic to calculate this number exactly.Also keep in mind, that cash flow will be taxed, so that will potentially increase your tax liability.