Two are being forced to sell at a loss this month.

I will need to explore the 1031 route and weight it against my opinion on the market. 

Our revenues have not dropped due to weather, but if we did get hit hard by a hurricane it could, rather would cause losses in rental revenue. 

Chad Littell from CoStar notes that while institutional investors adjusted their strategies early in response to rate hikes, individual investors have only recently begun scaling back.July Sales ReportAccording to CoStar’s July Commercial Repeat-Sale Indices (CCRSI), the equal-weighted U.S. composite index, tracking smaller market sales, showed only a 0.2% price increase from June, with prices down 0.7% year-over-year, marking the first annual decline since 2012.

We didn’t even get close to where we needed to be to be profitable and closed down after a large financial loss just 2 years later.

However if you don't have a primary policy, or if the original policy does not cover the loss, then the umbrella would not either.

Fortunately I was able to get out of my contract with comparatively minimal loss. 

Tenant-friendly Laws: Strong rent control laws can limit an investor’s flexibility in evicting non-paying or problematic tenants, increasing the risk of losses.

It took another month for them to place the money back in account, after a bunch of phone calls and loss of work....

And when you sell it if you meet the primary residence requirements the profit is tax free.It is possible in many instances to own successful rental real estate that generates real dollars in your pocket but operates at a loss for tax purposes.