The principal parts reduce your cost basis.  

., at public auction to the highest bidder, for cash, to pay the amount then due for said condominium assessments, together with the costs of foreclosure, including attorney's fees as allowed by law.

I also thankfully had a very motivated seller, that I knew if I messed up she would honor my effort and only sale to me, regardless of any potential back stabbing efforts that may arise once I go public & waive the contract around FOR SALE.

Underwriter asked for updated bank statements from Bank A, showing the reduced balance. 

Monroe county is going to be reassessed because the rate is double that of the next highest tax rate ( they are looking to reduce the tax rate).

The complete negligence took my $20k/month passive income reduced to a $4k/month slumlord.

Access to public transportation?

Maybe you really want to go into public service, or help developing countries, or focus on parenthood or building a new business. 

Their point was pulling out the initial cash reduced risk, which assumes all you care about is the initial cash.

It is awesome and available here:https://homelinemn.org/publications/landlordsguidetomnlaw/ Also, @Brandon Turner's book on managing rental properties is a fantastic read.