Should we expect to have difficulty filling the last couple months of MTR because the MTR calendar will show less than 3 months available starting April?  

I was having difficulty researching the mechanics for how to actually report to the IRS and on what forms.

Usually those who caution offer cautionary tales because they learned first hand the difficulties in growing a scalable and PROFITABLE portfolio this way.

Is he going through a financial difficulty and that is why he is late with the payment?

Many people are suggesting to do a 1031 but have no idea what your gain / tax is(if any).Co-ops in the tri-state area 'normally' don't appreciate a crazy amount.The main reasons is the high monthly maintenance costs, over-leverage of the board, potential difficulty of buyers getting a mortgage and the approval process of the buyer.With that said, talk to your CPA to discuss what your gain / tax would be before thinking about a 1031 exchange.If your tax burden is low, don't bother with the 1031It may be possible that you have suspended passive losses to cover your tax burden.best of luck.

I'm not a buyer in the city proper, but you shouldn't have difficulty selling it.  

Or am I overthinking the difficulty of managing these properties, is a property manager necessary?

This change makes it harder to use large deposits as a protective measure, which might explain part of the difficulty landlords are facing in managing tenant risk.As for the post-COVID surge in applicants with problematic rental histories, many landlords across Baltimore have noted similar patterns.

And they're also correct about the difficulty in obtaining either without current income.

So you might have to pay 85k out of the proceeds towards paying down the loan.But if you had them all in individual loans, you'd pay off the loan for that house and that would be it.  70kWhere its really difficult is if you have a 5 year or 7 year term on the blanket loan.