When a management company takes on an account that account must be a profit producing account.

Congrats on your residential portfolio.In my opinion, tapping that much into your portfolio is risky for me because you are speculating on an empty building not producing income with a long-term tenant.

These would esquire you to spend 5-10x more time on the rentals,  and what if they produce the same or less income after you go out and buy all the furniture and start paying all the utilities.

Would be interesting to see the actual numbers that those listings produce relative to the input. 

A smooth sea never produced a skilled sailor (Franklin D.

Wait until some future event unlocks these losses, most commonly when one of your passive investments is sold or when your passive investments produce positive income even after all the deductions.B.

A smooth sea never produced a skilled sailor (Franklin D.

You know, it only takes a phone call to reserve a large meeting room, holds about 250, if you clean up after yourself, it's totally free in a new facility, it called the Library.So long as there are no sales, no charges, not some income producing ploy at your meeting, you can use it. 

I would like to add to that I've just been busy with other stuff.I keep track of income / expenses for my 3 income producing properties in a spreadsheet.I also just bought a new home last year and still trying to sell the old home.

Sell the land and 1031 into something that produces income unless you have the wherewithal to refinance your 3 SFH and build to rent on the lots and then refi with appreciation.