Furthermore, acquiring a Broker's license would require extensive years buying/selling real estate, which has nothing to do with property management.

Thanks for sharing your experience and insights.My team has recently conducted analysis of property prices across the US market to evaluate the effect of the pandemic.

The return with the Form 8996 must be filed timely, taking extensions into account.

This has happened to me multiple times and it made sense for me because I was doing an extensive rehab on the properties.

Extensive renovations including granite countertops.

Your insurance could go up extensively if you buy in Brazoria County, Galveston County, or Harris County east of TX Hwy 146. 

I believe its perfectly fine not to renew the lease or even tell them that you will renew (say for 3 or 3 months) if they catchup before the extension. whatever, you do, make sure you follow the covenants in your lease to notify them.The underlying question IMO is - What you want to do.

Living room of the second unit is an extension of the detached garage and the bedroom for that unit is on top of the garage.

You know why we all get to do that, because we have all sacrificed for our buildings and by extension, our tenants. 

You would like the vacancy/deadbeat side to go down faster than the CapEx increases.So look at your market and figure out carrying costs for vacancies and deadbeats, ASSUMING you have an extensive 203k loan rehab in the works.