I'm planning to put my house for sale in May as I plan to move out of state in July.

I'm from the south, and seek to move back south but no timeframe.  

Hi Everybody--I've been watching and researching the foreclosure auctions in Hillsborough County (Tampa, FL area) for the last several months and think I'm ready to move to the next stage-- POSSIBLY bidding!

I’m wanting to do a cashout refi so I can payoff the line of credit and move on to the next property.

If he sells real estate and owner finances or just sells and moves into non-real estate equites he will lose the offset of depreciation to his income. 

The problem is that these bad guys are always going to exist, it's like trying to kill ants during a really hot/dry season, there are just more and more of them, and while we need to stand up to them to a certain extent, I personally don't want to give them too much of my bandwidth, I feel the world needs our talents doing the stuff we are good at.Yeah that’s the best advice, move on and spend as little time as possible on them.

I give them cash for their equity and they show up to closing and sign a Deed and then they move.

(The tax has been deferred, not eliminated.)Some people have been know to avoid this by...Dying while still owning the last property (capital gains and depreciation recapture go away.)Moving in to the last property as their primary AFTER it no longer functions as a rental.

Two steps forward, one step back always moves you in the right direction.

Going over the declaration page is indeed important to understand the extent of coverage and make the right choices moving forward.I appreciate your well wishes and understanding, and I will certainly share more about the experience once I return.