@Tatiana Conta - I agree with a lot of the sentiment.

@Bob Okenwa, we share the same sentiment, thanks for the reply@Lori Fentem, It's for a condo, single unit.

@Andrew Syrios Thank you very much for the welcome Andrew, and the kind sentiment!

@Christopher Smith the condo is a place that the family has spent a lot of time at, so there is a lot of sentiment to go with it.

In fact, I'd rather carry a larger PAL balance for now and harvest those losses later as the general sentiment is for tax rates to go up (i.e., larger cash equivalent on the losses). 

My sentiments exactly.

I agree with Peter's sentiment, but maintenance/cap ex at 10% on a $1600/month SFH is way too low ($160/month). 

I appreciate the sentiment.

If there's anything of sentimental value, I'll hold it in storage and attempt to get it back to them in exchange for my expenses, unpaid balances, etc.In the future, I recommend asking all your tenants for a single point of contact that they authorize to remove their belongings and square away their accounts in the case of death, incarceration, incapacation, or abandonment.

Buyer sentiment is on the decline, so I think the demand will continue to come down gradually.