I suppose the issue is when you liquidate, depending on what order you sell may imbalance your numbers. 

When I say I've "successfully added" the clause, I mean I've had a tenant-friendly judge issue a judgement against the tenant, noting in the judgement that the tenant owes the interest too.

I’m 30 years old, working a full time job doing HVAC while learning and networking about all things real estate related.

Adding keywords related to your investment strategy or market locations can be updated in your settings.

Is there anything tax related I have to take care of before the next tax season, or can I just open the necessary accounts and get started?

You are able to have access to it and buy it with relative ease and in fact, you can use this as a point of leverage and negotiation with your Seller in echoing to them that the bldg. currently does not cash-flow that well for you and you have to renovate - although your Seller may already be aware that rents are below market and has already priced it accordingly... if this is the case, then just buy it without without using 'below market' rents as a negotiation point. 

The property was built in 2018 and the other unit with power had no major issues and all HVAC’s, water heaters, electrical, etc all work fine.

I would love any other advice even if not directly related to my questions.Thank you!!!

Is it a relatively stable market to rent out and is there rental demand?

If you can afford investrolift, that will solve dipo issues if it's a good deal.