Why don't you do a 60 day notice of move out, and then start advertising the property at 59 days so that you maintain lower vacancy?  

If there were no other heirs, you can quiet title three years after the tax deed if you've maintained continuous possession during that time.

The capital loss carry forward is s long term capital loss from stocks.  

I want to maximize the value of the house but also making it renter friendly; and by that I mean inexpensive to maintain and repair.

We have looked at multiple properties and so far come across one where the numbers work out for our goals and has been superbly maintained by the owner in a market where it seems like many properties need so much work.

To me it's just another item to maintain and for them to break.

I have invested in other areas to maintain diversification and now excited to explore Real estate.My goal for this year is to save enough and buy a single family home by August 2017.I will try to learn and gather as much information as i could in this time frame.2 Year goal (2019)- Own 3 Single Family Homes and automating the whole process of buying and maintaining properties.5 Year Goals() - Own 10 Rental properties, retire from Job and move to a new city replicating the same process.

Does the continuing training associated with maintaining your license justify the benefits you gain (i.e. access to MLS or slightly reducing buy/sell costs)?  

I've found a few but they're for investments such as stocks/bonds/other types of securities.

Evap coolers don't really work during monsoon season because of the humidity and they are a nightmare to maintain.