Yes, you will be required to pay income taxes on your withdrawal based on your year-end income vs expenses.  

Keep plugging away and you will find your success....Your success is based on the work YOU put in....

What do you mean by poor communication?

@Antonio ResendizI analyze based on the return that we are getting with our investors' money. - Annualized ROIFor Rentals that we hold in our portfolio, that were perhaps once BRRRRs, I analyze based on ROE - Return on EquityI used this equation to back into my maximum allowable offer (MAO): ARV - Rehab Costs - Holding Costs - Purchase & Sale Costs - Desired Profit as a percentage of ARV = MAO

Gluing the pad to the step might cause it in time to delaminate(since it's glued to the plank with a pressure sensitive) and release from the step especially when people are coming down the steps.Your chart covers a lot of the bases but not the ones that can't get you in trouble namely concerning the install.

@Joshua Logan I'm out of the Mankato area, we invest in Section8 apartment buildings (Project Based HUD properties).

Consider consulting with a real estate professional or financial advisor to help make an informed decision based on your individual circumstances and goals. 

Establish the value based on your own market analysis.Your property is a rental once it is placed in service - typically the date it is advertised as available.Check your home owners insurance policy and make sure it covers rental operations - I expect it does not.

Determine the preferred method of payment and communicate it clearly to the tenant.6.

At this stage, based on your post, you would wait until its listed then contact the listing agent to purchase it.