I'm ignorant on the subject but from what I have seen many people say that local credit unions and banks are by far the best way to go for loans and bank related transaction for single families.

The standard mileage rate is subject to certain rules and you must choose to use it on the first year you have the car then on later years, you can choose between the 2 methods whichever will give you the most deduction. 

Your rental income doesn't cover the value of your equity let alone any expenses.

We added on site laundry and redid all the landscaping.Doing all this allowed us to increase rents 30%+, which means the three rented units cover the PITI for the property so we have no housing costs.

If you know that term, you'll know that this accounting stuff is subject to interpretation and there is more than one way to analyze a tax situation.

From the rent I have covered property tax so in 2018 I will not have propblem paying property tax and that is why I went to the county and got offer for installment plan for 5 years start this June which again I can afford it. 

I have a friend who purchased an empty lot a few years ago, developed plans for around 200 apartments to be built, but didn't have the resources to cover the construction/interest costs until revenue could be generated. 

Decide which kind of investor you want to be (SFR, (Single Family) Commercial, Land, Tax Liens, Passive, HML, Multi-Family, Notes, Fix & Flip, Buy & Hold, “Subject To”, apartments, duplexes, assisted living, REOs, Foreclosures, Short Sales), etc.

They are also subject to recapture though, correct?

I don't have a lot of emergency funds to cover of it.