And it may be worth it if paying off the other loan frees up significant cash flow in reduced mortgage payment.2.

That has reduced the loitering by homeless, and criminal elements a lot, but we do still occasionally have some issues in the parking lots and the areas outside the courtyard.

Look at it this way - if you reduce your cost of living from $2,500/month to $1,750 then, hey, you're saving money, but you HAVE to make sure the INVESTMENT property will be a true cash-flowing asset after you leave (inevitably, someday, you will). 

We have reduced the price and don’t want to go into another tenant agreement.

I do my own taxes so I can see my taxable income reduced every time I add a property into the tax return form.

However, for others, it may be more about improving quality of life by reducing the time and effort spent on maintenance and repairs associated with older properties.

We do everything they ask us to because it ends up reducing your liability.

You would also want to move this to the K-1 activity on your 1040 tax return so future net rental income (profit) can be reduced by prior disallowed losses.Happy to help.

So buying newer, better properties, with more amenities, and reducing my workload. 

-*Higher for longer rates*Overpriced construction*Lower cash flow given reduction in Post Covid+Much higher competition and in my eyes structural reduce demand for Pigeon forge-esque experiences as GenZ/Millenials start taking over the Family travel spend (as many of you point out).