Based on the performance numbers you might consider selling in years 3-5 where you have milked the most bang for your buck out of it.

By sell, you cannot sell a unit or two from a multifamily that is not performing but you can sell a sf or two that are not performing much easier.

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

I'm in the process of performing my first BRRRR.

That being said...Some of the ways I have influenced the sphere of prospective tenants I get is: 1) I don't do Craiglist.

Hello,Does anyone have experience enforcing a PA via arbitration or law suit for specific performance?

Performing notesNon-Performing notes

I'm buying a non-performing note, soon to be foreclosed upon and need an agent who is familiar with REO's.  

And next year it would be another increase, and you would slowly close that gap.When we acquired a property with below market rent, it was because the landlord had stopped performing maintenance.  

I'd recommend getting the proper E/O insurance (both for yourself and the Broker), as well as a good amount of General Liability insurance for yourself - but this ends up being peanuts compared to what you would spend if someone wanted to take you to Court over a minor trifle... and had the evidence to prove you weren't licensed to perform the duties of a PM.