people commute 60 -90 minutes daily for a job in the Bay Area.

Any suggestions will be very much appreciate.

Any advice / suggestions is greatly appreciated!! 

It's important to understand the difference, and I'd recommend sticking with the REIT with depreciation advantages.The Tax Cut and Jobs Act (TCJA) includes a 199A deduction and applies to certain income from pass-through entities (including REIT dividends) and allows individuals to take the 20% deduction against REIT dividend distributions that yields an effective tax rate of 29.6% or 37% (80% for upper bracket filers).

I got a new job out of state and the property has appreciated to 350k and we are looking to sell and move.

The growth of these companies doesn't directly prove job growth, but the job growth in STL will likely continue to grow around 7% between the years 2020 and 2030.

My suggestion would be to send the security deposit claim for the anticipated refund minus what you anticipate the bill will be (historical average plus some padding). 

Let the PM do their job that’s what you pay them for.

@Kyle Swengel, I suggest you look into the negative effects of deprecation recapture, as well as if the losses generated from the cost seg you can even use to offset significant income.

Is it a salaried job?