Which they're probably not going to do, unless there is a benefit...or at least no detriment...to them.

It is important that the team members feel that they have an obligation to discuss these feelings before they become detrimental to the team.  

I'm looking at this, forstarters, from a tax point of view: if you have a mortgage then you can deduct "that" (= the non-principal components) from your rental income.

Maybe create a non-profit with the express goal of raising funds to bring the properties back... with some sort of low income housing component.

Bottom line though for a buy and hold investor Property tax's are an important component and all things being equal if your in non appreciating states. .Like Texas basically has been for ever and a day ( except Austin ) and the little bit of run up they have had..

Hi, Neil, There are two components to a lease/ option.

There are major components to look at.I have my big 5 or so.1.

@Bill Exeter Yes I agree intent is reviewed but you are also not mandated to hold properties detrimental to normal business operations.

@Arlan Potter - the sales tax exemption is also used for components used in assembly.  

I think that risk spread os a major component to a successful investment portfolio.