Other types of sellers that are making deals easier to get done are those with assumable debt available, and sellers with the ability to seller finance there properties.

Did you not get a copy with your 2023 tax return?

The good thing about the houseGood monthly cash flowGood interest rateIf its a headache property, I would sellIf it doesn't have much maintenance and you have good tenants, I would keep it.If you do decide to sell, you have about $200,000 of equity which you can buy 2-4 houses with when the market is more favorable.

There are often times when property values move with interest rates.

Florida scares me with insurance issues and constant threat of hurricane damage.

I would continue to put offers out, continue sending letters, doing calls and networking. 3,000 letters with a 2% response rate is not bad but you have to do volume with letters, most people that do that strategy are sending out a ton of letters.

I believe he bought it with approximately $50k as a down payment.

A portfolio of six buildings came across my desk today that has good numbers - 15.5K gross rent for ~1.1M with lots of upside to increase rents.  

The increased frequency of these longer stays has brought with it increased issues.

How may properties are held in each LLC is a decision with yourself and the attorney.