@Anjali KhetarpalYou need to get your vacant apartments rerented immediately to slow the bleeding.

I have been adding to reserves since buying each property and in my business accounts alone (for the properties - I have 5), I could probably go about 8-9 months with $0 rent from all units before bleeding all the business accounts dry. 

If you start looking at changing window sizes/locations, this cost will grow exponentially as you bleed into siding re-work, new headers, opening walls, etc.

knew they were messing around though. seems like it should bleed down to lower than 2008. 

Prior to the value add, this RE has a rent to value ratio of ~0.5% (i.e. it bleeds cash without the value add). 

Brandon Turner had a great point when he stated that some vacation rental homes will likely sell now simply because the owner is bleeding money due to no/greatly decreased bookings. 

Any input would be swell!

I am aware that you could do things through land trusts and all but that just muddies the same dirty water.I am increasingly pursuing sub2 in coming months anticipating that once the government lifts the foreclosure ban, there will be a swell of opportunity for sub2.

Honestly, we just want them out (I know we're never going to collect - I just want to stop the bleeding), to clean up the property and sell it.   

Even if something CRAZY happens, like a guest is bleeding out on your living room floor, there's really no reason for you to personally show up.