If you don't, you lose out on a lot of income and there's a risk that Vrbo and Airbnb might drop you in their algorithms.When I built my cabins, I placed them on the right hand side of the lot so that I would have room to build a small pool house someday (about the size of a two car garage).

So, if you don't mind losing everything the LLC owns, sure, save the cost of insurance.I'm assuming you've been managing your LLC properly.  

If the property is in an LLC then that is all you can lose. 

If it is because your PM is supposed to be doing it and isn't, then you need to tell your PM to get to work because you are losing money and aren't happy.

There are way to many PM's not getting properties rented and they are staying vacant, there is also way to many rentals being rented less than market rent to get a "quick tenant" causing investors to lose money, you will also need that PM to be completely productive and quick to the applicants and also not trying to incentivize off of your property needing repairs.

If you know the ins and outs of the market and are skilled operators, of course, but if you buy a property that switches from Travis High School to Lamar, you're likely going to lose 10-20% of the property's value overnight. 

Not all Section 8 tenants live in fear of losing their voucher; many are professional tenants and know it takes a diligent caseworker to enforce any action.

If you rent this out, you eventually lose that benefit.

A lawsuit, divorce, bankruptcy, death, - all could really jam up things and cause you to not only lose your 1031 exchange but the money they are holding as well!!

PROPERTY LOSING EXEMPTION DURING TAX YEAR.