Computers can calculate square footage, number of beds/baths, and other objective criteria, but they can't measure the subjective things like curb appeal, flow of the floorplan, view out the living room window, or the grating irritation of four barking dogs in the neighbor's back yard.Learn to study the market and how to evaluate properties on your own.

Since that time, I have been involved in a few transactions and am a principle on 173 apartments in the Chicago area.

You get your money without the tax hit at the moment and hopefully continue to profit off them,   If the objective is long term passive income, it doesn’t make sense to sell them… it moves you away from your goal post.  

You can apply these same principles in California.   

Hi there, I don't know that you really need to do that, just apply the extra as principle when your monthly payment is due.

Only by understanding the risk inherent in your activities are you then able to engage in an objective cost/benefit analysis for paying for asset protection.3.

@Marlia Stone I suggest you run the numbers both ways objectively, fix or sell, and see which option you like better.

Principle pay down is not.

Push out inspection objection (or whatever you call it in your state) and get an electrician in there for a full quote.

Great Addition - on the switch from year to year - arguably the biggest flag in my opinion in Real Estate - "shiny object syndrome" switching from niche to niche repeatedly (especially as a "Guru") - whats tried and true for RE success IMO is people that stick with one strategy and niche (type, market, strategy, etc.) for years, stay focused when its in and out of flavor, and end up with big wealth and track record after years.Definitely flags of the last few years when people go from "STR" to "Multiamily Syndication" to "Boutique Hotels" to "Experiences" and so on...