I am not suggesting that you cannot diversify however are you looking for cash flow or is buying now, holding for appreciation and or forcing appreciation is your play.Good luck on your journey!

I would suggest the book Turnkey Revolution.

My suggestion would be to manage it yourself for 1-2 years, then as you acquire more rental properties, you can start using a PM. 

I’m interested in learning about buying and holding long term rental properties.But I’m in a really messed up situation right now and looking for suggestions what would be the best approach to my situation in order to scale quickly. 

Thank you BP family for your support, sentiments, and suggestions. 

Seeing out there if anyone has any reading lists or content suggestions for sales or negotiation in Real Estate.

As someone that over analyzes things as well, I’d suggest you step back and think about what your goals are in order to help determine what path to take.I like JD’s suggestion about reinvesting in your business.

But the rental too does have to meet the "active conduct of a trade or business" threshold, which does mean you wouldn't qualify to use section 179 if you have a rental that is managed entirely by someone else and you aren't at least overseeing it and making decisions about the management of it.I mostly disagree with the reply suggesting that you need to have an LLC to take the section 179 deduction. 

I'm so sorry this happened to you and great suggestion on adding a paragraph to the lease.  

They listen to what you suggest and continually improving their software and processes.