Sales are down 50% and I predict it will be down that much or more next month and continue into (strong market months) 1st quarter of next year and beyond.  

I would consider selling the portfolio and investing in something that involves less time.1) Sell the property and do seller financing at 8% interestThe 8% interest would be more than what he is getting at the moment.2) Sell the property and invest it into stocks/bonds.I would also consider selling a portion of the portfolio every year which he can use towards his living costs3) Sell and invest in a real estate syndication that pays a monthly / quarterly distributionBest of luck

Want to save more time do it quarterly or monthly and updated a rolling spread sheet but realize some items may be posted late and have to be added back after a review date.  

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).

I am going to get them done by a professional but I would still like to know where my money is going and why I'm paying what and so on and so fourth.

I'll probably put together a guide and checklist that I'll review w/ them during quarterly inspections.

My lease allows for QUARTERLY inspections with notice, and then emergency visits are always allowed.

One code for the cleaners, another for maintenance, a third for the owners, a fourth for you, and others for guests.There's obviously an expense involved for purchase and installation.

Now they have direct access to YOUR living quarters.

I just sold some properties South of where you are for a premium to cash buyers...and I'm doing another project soon closer to you on Fourth...things are changing.