I once had a client in a similar position, and we broke it down together to see what made the most sense for him;l especially considering his W2 income and the current interest rate environment.

Tax reported as 12/31, if you need to find out the current month basis you need to see your Balance Sheet.Tax return e.o.y shows on Schedule L

We got an update today on water.  3 plants serve Asheville, they're working on all 3, South Asheville has water, the other two that serve the remainder (downtown included) will take longer.  

I serve on the board of CFRI, the local chapter of the National REIA in Olrando.

Hey @Lee L., we use QuickBooks Online exclusively for all of our REI Clients (just bookkeeping; not property management).

Do not renew their lease, and if they dont pay, serve them notice...There might be no reason for the resistance besides being incredibly difficult people who will take all your energy from you. 

Am I allowed to contact their agency to notify them of this, or serve the 5 day notice to them at work in order to try and get them to pay?

Some cash flow amazingly, and some lose money every month, but they all serve a purpose.As some have said, if you buy a Duplex your monthly payment after taking in rent from the other side will likely be close to what you are currently paying.

@Casey L Klauser sorry missed your meet up.

I might suggest renting a car, if my memory serves me correct they are all 1-2hrs outside of Cancun.