That can be used to buy down the mortgage rate or reduce closing costs. 

Is there any creative way to avoid/reduce capital gains tax on the sale ?

Hey Deirdre,To address your questions:Providing freedom by handling day-to-day operations.Offering peace of mind through proactive maintenance and tenant communication.Reducing risks by staying ahead of legal requirements, tenant screening, and dispute resolution.Enhancing the bottom line by identifying cost-saving opportunities while ensuring tenant satisfaction to reduce turnover.Is the experience still important when the property thrives financially?

Day 7: "Here’s a case study showing how we helped [Client Name] reduce costs by [X%]."

In my opinion, it is better to get a property rented quickly (even if it means reduced rent) than it is to get it rented for the highest amount possible. 

I guess they have more land to build there so it might reduce the appreciation there?

Yes it's a huge problem.You should fix this correctly now.Open the walls and put in proper sound reducing insulation.

Because the 8% is only on the principal that gets reduced each month and when that principal comes back in the door, its not getting reinvested immediately.

Here’s my two cents:Paying off the condo might make sense if your main goal is to reduce risk and enjoy the peace of mind that comes with no mortgage.

If your manager is just 'keeping an eye' on things, collecting/reminding on a few rents here and there and some light cleanup while being compensated in free or reduced space rent then classifying them as 1099 subcontractor is great.