While a bit dated, this will allow you get an understanding of the basics so you can be informed of the right questions to ask when meeting with a tax professional. 

Basic details: If selling, we were going to take about $90k equity and take that to our new home. 

Seems to me that any basic lease should cover renewals, notices, etc...

This is a basic layout of what's happening in my head, but I'm wondering if I'm oversimplifying things:At Year 0:Value - $150,000Debt - $100,000Equity - $50,000At Year 1:Value - $156,000 (assuming 4% appreciation)Debt - $98,653 (30 yr. @ 5.50%)Equity - $57,347At Year 2:Value - $162,240 (again assuming 4% appreciation)Debt - $97,230Equity - $65,010My question is, is it possible at the end of year 2 to expect to be able to cash-out refi at ~80% of the equity ($52,008) I have in the property and recoup my original investment?

Basically - what would you do in my situation?

Here's how it breaks down. 6% is just the basics.

The first floor consists of 2 restaurants and the second and third floor is basically a 5 plex of apartments. 

I didn't know it then, but the principles first put forth in this book are the basis for almost every college study skills teaching program running in the USA today.

Your basic problem is not your fees it is that you have lax business practices that have trained your tenants it is OK to pay late.

Basic washers and dryers are not worth paying someone to repair if I can't figure it out, I can get them on CL for under $100.What are your rules of thumb?