Rents only really go down for a few reasons: 1) Local economic distress when a major employer moves away and/or population is declining, 2) Market oversaturation, i.e. too many new rentals come on line all at once, 3) Idiosyncratic circumstances, which can't be predicted.Hope this helps! 

@Anthony WickWhile I can not speak with authority about other jurisdictions I can tell you that no judge in North Carolina would entertain a motion to enforce a residential lease in these circumstances.

But building something from scratch is a time-consuming and expensive endeavor in any circumstance, much less in a politically unstable foreign country.  

It also places rules on what kind of property can be rented on the short term market and under which circumstances.

Facebook will give you an insight into how they act under normal circumstances.

If there were extenuating circumstances on my end and very strict deadlines I needed to meet for one reason or another I would post the notice but I’d let the tenants know that it’s coming ahead of time.

Account ClosedYou'll want to engage a tax CPA/EA who will examine your facts, circumstances, and goals regarding the property. 

With a 1031 you generally can defer the gain.If depreciation has not been taken, it might be advisable to engage a tax CPA/EA to file an accounting method change on your next tax return.Probably best to consult a tax CPA/EA in general as they can crunch the numbers for you and examine all of your facts and circumstances.

Late payment may be common due to landlords allowing tenants to pay late but under no circumstances should it ever be considered acceptable.

But except in very few circumstances, I will choose multi every time.