I understand DTI <43%  with all mortgages inclusive and rental income shown on tax returns .

Absolutely, I live in that exact area and it was one of the first that I looked into purchasing.So perfect example right now 5 bed 2.5 bath on Iris road, rooms in that area rent for between 600-700 depending on size and amenities like parking laundry they can get as high as 900 fully inclusive.

Once you have your gain, you will then have to split it between capital gain and unrecaptured Sec. 1250 gain (assuming it was a rental at some point).Recaptured depreciation is taxed up to 25% and capital gains are taxed up to 20% (not including NIIT).Your taxable income inclusive of your gains determines which capital gains rate you will pay.

I know there is lots more research I’ll need to do; I’m looking for more of a starting point than an all inclusive answer. 

This inclusion of employees puts the plan in a different, more complex level of administrative requirements. 

This isn't inclusive but should give you a good start.

Dear Fellow BPers,When creating a business plan for LLC's under the market research, how did you approach this section as regards to the tenants/ target customers criteria. (for example, age group(s), occupations, ren...

There is sub-to, wraparound or AITD(all inclusive trust deed), or if the seller does not have a mortgage you can go straight owner finance. 

Yes, you're buying a payment, but a $150 all inclusive housing expense versus renting or incurring a mortgage payment of $1,200-$1,500 per month is justifiable to me.

It sounds like you intended to exclude all legitimate evictions as far as screening criteria, but it is still absolutely fine and permissible to ask a pre-screening question like "have you ever been a party to an unlawful detainer lawsuit" - which asks more inclusively, has anyone ever filed on them?