You both have W2 jobs - so you're likely not a Real Estate Professionals - so these losses will be passed on until they can be deducted from other passive income in the future.

Deflates property values.....interesting future.

Find a reliable team, offer fair pay, and keep them motivated to stick with you for future projects.That’s what I have off the top of my head.

Starting small with multifamily properties is my ideal preference at the moment, as I focus on learning, growing, and immersing myself in as much information, data, and real-time experience as possible.As I build my investment portfolio, I could definitely see myself being interested in scaling up to larger acquisitions in the future, but for now, my focus is on mastering the fundamentals and starting small.

I see potential hurdles when it comes to resale but who knows what the future holds for these type of properties.

@Pixel Rogue everyone has different future plans - many though haven't thought that far ahead!

Yes, I do understand we can't predict the future.

As for foreclosure, yes, the debt might go away, but it would wreck your credit and make it tough to borrow in the future, so that’s not a great fallback.

Depending on what you would like to do I would contact a competent real estate attorney and seek some legal advice so you don't get sued in the future.

They were supposed to have it completed January 1st apparently, but their website still says "The Office of Tenant and Landlord Affairs will publish the Tenant Bill of Rights in the near future.