We could maximize our capital (~$150,000), but lose any future cash flow with the property.3- look into a 1031 exchange for a multifamily or small apartment complex.

I'm eager to hear if other investors make it a priority to diversify into other markets (I think my neighborhoods in STL will continue to have demand, but nothing is a given), and if you feel there's more of a return to be had with the same amount of effort by scaling up into commercial properties or apartment complexes.

We have an apartment complex in a state where we are required to have tenants sign Window Guard forms and for the first time in decades, a tenant asked about getting window guards.  

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.

In general is not that complex to do.- Loan Type and Liability: we have to look at what you are looking for and the loan type.

You can go to youtube and find him walking complexes at night asking the tenants questions. 

This is a complex topic so totally understandable you are feeling overwhelmed. 

I have lived here since 1998, went to school at UT San Antonio, and the majority of my investments are here locally (single family homes and multi family apartment complexes). 

This property is located in Hamilton Ohio, and is one unit in a 4 unit complex that I purchased in June 2023 full with tenants. 

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and handling multi-entity structures.