Get the house in forbearance sold before Halloween, bribe ex wife to cooperate, go to arbitration rather than wasting money on divorce attorneys, have her apply for a permanent modification on her name and income alone.

A lot of people in real estate are sensitive to wasted time.

This section generally takes effect for tax years beginning after December 31, 2021, but there is a 2-year transition period for IRAs already holding these investments

My biggest concern is being able to compete effectively against others in a condo complex.

Much like what the city just did so too will the county.At their September 28 Regular Meeting, the Alachua County Commission discussed their draft Residential Rental Permit ordinance, which has a proposed effective date of March 1, 2022.

Seems like a waste of time and effort. 

We are building processes to build teams effectively and we have learned a lot from acquiring this first duplex.

Can you purchase a real estate investment property (residential not commercial) in cash and effectively pay $0 in taxes instead of 32% from the business side?

Don't waste your time with an FHA or anything with crazy points. 

@Steven Harris that is a hard sell but with $30K in savings as collateral you may be able to go to a private lender; however, you are going to have to add a member to your LLC or Corp with a job ; especially since you are new and can not produce a schedule of real estate owned.Most private lenders that I know or have worked with say that the asset is the main pull as far as credit during analyzing the deal; therefor, you have to have a strong deal that makes you money and able to communicate how you are going effectively monetize the project, in the form of an executive summary.I remember at one time some lenders were doing 80/100, 80%LTV and 100% rehab, I do not know if they are still doing that, I will have to reach out to some of them to see their parameters these days.