I would consider getting out of property management and getting into cleaning IF you think they are doing better than you . 

Ideally LADWP will prioritize the infrastructure repairs and new service requests to these properties as getting power service in LA can be 6-24 months without project prioritization.

The seller will lose some rent, potentially incur costs to evict, possibly costs to clean out the units depending on your sales agreement.

And as you diversify, remember the power of your network.

Such as accounting clean-ups, KPI analysis, etc.Gianma - happy to hearHello @Matt Bontrager I currently have a tax file open with your company.

Stainless steel appliances, cleaning service every other week and I am johnny on the spot with repairs.As a result my vacancies are not that bad even with a model designed to be somewhat transitory. 

If he opts for a townhouse, a low HOA fee will help his buying power It gets tricky using lease agreement income when purchasing a house so I do not think that idea will work.

My tenants are responsible for maintaining a clean property and for any requested pest control services.

While that's certainly not ideal, my leverage was low to start with and my loan maturities were ten years so I have staying power to sell into a better market.Looking ahead, anything I'd buy would have to cash flow out of the gate in a higher-rate climate. 

They have to keep nose clean, there now in the system, tax's and all regular everything.