They’re like mini-dictatorships; even after you pay them off, HOA fees keep piling up, and it starts feeling like a timeshare.Miami, while beautiful, isn’t known for cash flow unless you have deep pockets to buy beachfront properties and can afford to take losses while waiting for long-term appreciation.

You don't mention if that's the case, but I thought I'd bring it up.You also won't be able to recognize any loss on the sale if that's the case.

By diversifying, but still investing in the most promising deals, you limit the possibility of a devastating loss without limiting your upside.  

I expect greater than 10% just for the loss of residential F/f financing.at 10% difference, or even 15% difference, coop would be up there with lot splits on sophisticated value add.  

Is the cash flow loss a lot less than than the equity and what is the plan to be cash flow positive? 

Quote from @Blake Dailey: So excited to announce to the community that as of last month, I acquired my largest deal to date which is a 130-Unit Hotel and Resort in the Smoky Mountains of Tennessee!

Recently decided, to invest in a mobile home park but sold at a loss.

Then you can determine whether or not to hang on to that one or seek something somewhere else.Even the decision to move into other asset classes like equities or whatever will need you to factor in the loss of investing capital in the form of capital gains tax (plus 5 years of depreciation recapture). 

It doesn't cover any loss of income due to your rental being repaired.

If you allow this to continue, they will only get worse over time, and your losses will increase.I suggest you hire an attorney.