Really these "investors" have no credibility making such claims and as a "fool" here are a few facts of my "crappy investments" Avg loan amount $70,000Avg rent amount $1140 no subsidized tenantsAvg vacancy for the last 2 years and 2018 YTD 2.3% / 1.41% and YTD 1.83%8 loans are on 7 year full term amortizations / the others are on 13 and 14 year fully amortized loans with both groups at 4.75%Even with above 7 and 13-14 year amortized loans - average cash flow $304 /monthAvg appreciation since I started purchasing in 2015 -35%Ignorance is no excuse for such a comment.

After our attorney said a 'standing agreement' was made with MDC to keep service on until the case was settled, we were told to ignore these notices.

It is absolutely possible to ignore "taxable" income. 

It sure seems other people log on to say 1) You’re screwed 2) I don’t have a good answer but that other person is sure wrong 3) I didn’t read your question or I’m going to ignore it so I can saw the same thing i say in every post. 

While the city council’s societal heart may be in the right place (for the tenants getting priced out of the Seattle) the onslaught of recent ordinances (1st in time application - challenged and overturned in Court, limits on move-in costs / pet fees, no criminal checks, etc.) these have in many cases encroached and/or completely ignored landlord/property owner rights and create such complex regulations that it is in many cases not feasible or cost effective for small mom & pops to manage their own properties, so they reach out to pros and pass the costs along to the tenants.

Ignore what the water company is telling you.If the tenants do not like the arrangements allow them out of their leases.

Warren Buffett has more money than I do, so ignore me and listen to him.

It is no different than them asking you to ignore your experts findings.

Just try to ignore it.

Ignore the negativity from all the Hawaiians here, that's not the real world.