You can lease a property to the N/P so long as it's at FMR, the N/P then can rent it and pay the ED.

Does none know if there is n income level at which you are not allowed to take tax deductions fom RE?

It's usually done with a letter.SImply say you are terminating the agreement made on the ---- day of month, year between us for the management of my property at such n such street, what city, upon receipt of this letter.You could give a polite reason or say nothing at all as to why.Sign it and send it registered mail return receipt requested.Might read your contract and see if it will cost to terminate before the term expires.

John N. and Jon Holdman - Give it a shot now.

Andy N. your words will be self defeating to you.

Andy N.

Here is the link to it...http://www.zillow.com/homedetails/2085-N-San-Sebastian-Way-N-Clearwater-FL-33763/2119164587_zpid/what do you guys think?

Are most buyers in the complex in N.

They see you're not an easy mark, and they go on their way looking for some hobbyist landlord or small-time mom-n-pop landlord.

Sounds like you already closed, so for the next time you should have an estoppel certificate completed by each of the existing tenants; with that, you can establish conditions of the premises at move-in (along with lots of other things) - especially important if the seller does not have such records (hobbyist landlords and mom-n-pop landlords don't always use good paperwork and practices).Now, what do you do in your present situation?