Your assets are light for a deal this size to qualify.How debt works and ratio's involved will likely depend on what going in cap rate the income throws off with purchase price.There are hundreds of items to analyze when looking over a retail property and takes a lot of time and due diligence.The items listed for roof, parking lot, etc. can equal in to the six figures in costs so very substantial to repair or replace.

That depends on if you are using a real estate agent who is investor friendly.

Choosing a firm really depends on what your needs are.

Taxability with depends on your deferred gain.

It factors in their rank, how many dependents they have, etc. so based on the house size and who your targeting the rent may be too high.

I would at turn over endevour to take all carpet out and replace with hard surface flooring.. also depending on the size of the company and man power it could be hard to get instant communications.running rentals or running PM's is not a set it and forget it thing. you have to be diligently engaged

It depends on your wife's knowledge or interest in learning the tax laws.

@Bryan Johnson that would certainly depend on which loan type you are prequalified for. 

@Zachary Negron it all depends on your budget, and (more importantly) your team.

I'd say depending on market, and property income, etc., you might be able to obtain as high as 80% LTV financing, rates in the low to mid-5's.  4's might be obtainable, but it's going to be tough b/c of rate market.