He is saying that I can on only use the losses of each property again the capital gain of each property.

I'm a local property manager here in Columbus.

A lot of properties seem to be up for sale in there to areas, can anyone explain or perhaps it's just me.

Liquidate all properties? 

I'm curious about how challenging it is to take ownership of these properties given the city's tenant-friendly policies.

Actually Mitch, you are allowed to do repairs on the property; however, you are not allowed to upgrade or increase the value of the property.

Lastly - sis is trying to buy the building from usoriginaly (day one after auction) we thought it would be a good idea)now after we have seen the property and know what a good deal it is - we prefer to keep it instead of the quick flipIt is hard to get our hands on a well priced multifamily and we thought this would be a good intro for us into the buy and hold.We could sell to her for a quick few bucks - but I want to learn the process. 

I've seen postings on the front door of the property about investors trying to purchase it from the owner numerous times.

What will you do with the STR replacement property, on the lake, in the off-season while it is vacant? 

, property taxes.