So you can do one of three things:(1) prepare a mock 1040 as you normally would as this will give you a high level of accuracy if prepared correctly;(2) review your previous returns and determine your effective tax rate, then apply that rate to this years earnings; (3) have a CPA do it.I get this request all the time so I've built a template for myself that allows me to quickly estimate a client's tax liability.

You might consider Niche or Specialized Housing like student housing.

One option is to hire contractors that specialize in investment property rehab and manage themselves.

If desired, contact FHA 203k consultant to prepare a final SOR."

You may have luck wiht a short sale, but short sales take on average about 6 months to close, so if that is the route you want to go then be prepared to wait- and also be prepared that the deal does not go through. 

So my current goal is to learn what to do and not to do, that is to have preparation time, learn from others successes and mistakes.

I might be late to this conversation but it has taken me a long time to find an insurance agent that specializes in rentals in central Florida.

Thomas Franklin special thanks to you for taking the time to give me so much information!

The commute will make you miserable and it's getting worse everyday specially on the Grand Parkway/I-10 interchange. 

If the dept of human rights really did call you...then I would definately talk to a lawyer, but not just any lawyer, one who specializes in landlord tenant issues, and one who does so in your county.Don't listen to people who say that section 8 isn't protected or that you don't have to take section 8, it depends on what county the rental property is in.Going forward, don't ever give anyone any attitude, encourage everyone to apply, be as nice as possible because when peoples feelings get hurt it's when things get ugly, have a written criteria that you use.