Have you thought about selling the property -- makes it a headache to walk away from.The best thing to do is talk with a few local property managers -- long term tenants present unique challenges (State & local laws vary). 

I think it is great that areas are requiring PMs to have their own licensing as it is such a unique part of Real Estate.

My husband and I are in a unique situation in where the home we live in is owned by my father in law. 

I already have a new CPA and I am working with a financial advisor for our unique situation.

The uniqueness of this transaction is in the fact that the property suffered a fire, and I collected insurance proceeds, but sold the house "as-is" after the fire, putting minimal money into the property from the insurance proceeds.Based on what I have read about taxes on rental homes, I'm nervous that I am going to be looking at a hefty tax bill.

@Erin M.This question had much to do with where one is in life, what they have accomplished already and what they have not.I have my own unique view of this story.I have my Masters DegreeI have owned beautiful homesI have traveled the worldI am paying for my kids to go to UniversityI grew up in Inglewood Ca in the 1980's in the height of gang and drug wars in Los Angeles at that time.  

The uniqueness of this transaction is in the fact that the property suffered a fire, and I collected insurance proceeds, but sold the house "as-is" after the fire, putting minimal money into the property from the insurance proceeds.Based on what I have read about taxes on the sale of rental homes, I'm nervous that I am going to be looking at a hefty tax bill.

I'll be speaking with the lender on Monday who is well versed and experienced in those unique types of renovation loans to get the full terms and conditions, I don't anticipate a ballon payment.

This one is unique for me in my 25 years of investing in real estate.

the nomad/move-into-new-personal-residence-yearly aspect was the unique thing that i was looking to find a basis of discussion on.