Based on these assumptions and the IRS notice's text that "The IRS also gives affected taxpayers until May 1, 2025, to perform other time-sensitive actions described in Treas.

I call the process "thinning the herd", and each year I evaluate the property performance and either take actions to increase the individual property performance or sell the under performer. 

You may be profitable, but I'd prefer to avoid the possibility of having to do unnecessary repairs or not holding my tenants accountable for damage when I know their actions might have caused any unforeseen damage. 

You have a stronger ability to not allow a court action to pierce the corporate veil. 

You need to have a plan of actions to take to collect if you even want a chance to see anything from those judgements.

The important thing is to take action, learn as you go, and refine your strategy along the way.

Offer incentives with call to action as needed.

:Any progress on that group/class action suit against Morris Invest / Oceanpointe ? 

I suppose my question on this is: Is her simple statement (which came in a text, btw) to me of "I'm moving out," enough for me to take this kind of action?

You’re doing the right thing by jumping in and learning through action.