Imagine that you have a capital gain of 20k, if you invest those 20k as a down payment for another property in the following 2 years you won't have to pay tax on them.

Can you imagine the “cash flow investors” who needed that cash flow when COVID hit?

I imagine this is on a septic tank?

I can't imagine the stress that must come at the end of the semester, especially the spring semester, when students finish up their studies and move out, in unison.

@Chris Seveney, I can only imagine two things here:1.

Don't know if it is imagination or the real thing, but as you stop and really look at it you can see a formation. 

If you dont want to deal with what you have now, just imagine if it were tens times more problems and expenses.

Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏

I would imagine the best actions would be to immediately fire the management company, pass the keys onto a new one, sue the old one in small claims court for the listed damages.

I just can't imagine why you would liquidate your successful, growing real estate holdings to send your money off to something that is super risky and doesn't pay that well over the long term.