I write "competition" in quotes because I collaborate with my local "competition" instead of competing with them - common among MTR operators.

I'm sure there are great, stable areas in Columbus but I'm not convinced the appreciation has been as strong as most would lead you to believe.I don't know much about Cincinnati, but one glance at the median list price over the past 5 years (attached below) would be enough for me to write it off as not appreciating.I'm personally partial to Detroit and that's where I invest and do a lot of business with other folks as well.

This means you'll want to "write off" expenses related to a property you have in service because if those expenses don't benefit you this year they could in the future once you sell the property.We can get into a lot more details with the "if" "and" or "buts" BUT I think this would be the "simplest" answer without diving into your specific situation here.I hope this helps! 

I actually sold a Class C a few months ago - I saw the writing on the wall after one Class C, very likely no capital gains after all my passive losses.

In my free time, I like to play pickleball, bass guitar, and I write real estate based articles on LinkedIn.

However, going to the unit, seeing what needs to be taken care of, writing it up, submitting to a manager, going to Home Depot and then doing said work takes time. 

I did wake up to an email yesterday offering a 15 minute call with @Dutch Mendenhall for this (Friday) afternoon, but as I told them (and have remained consistent with since this started), all communications have to be in writing. 

You want to put everything in writing and be very clear about expectations and responsibilities.You also need to verify the remaining tenant can afford the rent.

In that case I write off the lost rent as cost of doing business, but I prefer that to the expense and hassle of an eviction, which typically ends up costing us more and takes longer, even though Milwaukee is still pretty landlord-friendly.I have also done cash for keys, but typically very conditional. 

Write in detail any last steps (like site cleanup or payment) that need to be completed.