Just imagine if every family within a 10 block radius of your house all of the sudden had $150 less in disposable income each month....

However, these units should not have garbage disposals, Ice and water in the fridge door, etc.  

Removing all garbage disposals 3. 

Another consideration is that to have multiple rentals count toward the time a specific election must be made to combine the activities- this can cause some hiccups once you decide to dispose of one of those rentals that were originally "Lumped" together. 

I did this with no disposable income laying around.

You got out there and did your first deal, used the resources at your disposal and got it done.

For this purpose, include the recapture income in your installment sale basis to determine your gross profit on the installment sale.If you dispose of more than one asset in a single transaction, you must figure the gain on each asset separately so that it may be properly reported.

No more maintenance, plugged sewer lines at 1AM, no more garbage disposals to unclog, no more plugged up traps or toilets.

Finally, a roommate and I decided we really wanted to have more disposable income so looked for months for a cheaper place to live, but that was still nice.

Now if something should happen to you, your estate can manage the property and dispose of it as needed.