When is time to give up on a multi unit property?

[Erika Caba]

Hello everyone,

My name is Erika, I own 7 apartments in 2 buildings, the first one I bought almost a decade ago (2 unit) and until today it has been an excellent investment, and the second one bought it back in Dec 2022 (5 units). Since I bought this last property, it has been a headache, I have to go often to do repairs, the last repair was replacing a water heater of 75 gallons which cost almost $3k (too expensive). I think a lot if I should just give up on this one, since it's a lot of work. How can I determine when to give up on a property or keep going? I am in the middle, not sure what to do. Any suggestions will be very much appreciate. Also, I feel since I am a lady, handyman takes advantage of me by charging more or not doing the job well. I have to be present all the time to make sure they are doing the job, and it's hard to keep a handyman because of this reason. The cash flow is good, I believe, I had a profit almost every month since I bought.

Kind regards,

Erika.