This is where a lot of people make mistakes and then keep those mistakes going until they decide to outsource it.Also, Tax Accountants can create Profit and Loss Statements but that isn't their specialty and they aren't focused on keeping your financials in order.

I myself am into the six figures in losses so far...

. --- If you close on the property in November and immediately send the 30-Day, you LEGALLY have to wait until January 1 to file a landlord-tenant case to regain possession is the tenants have not vacated.4) Your rent losses will be November, December, January, February and probably March if the tenants choose not to pay and you have to evict.--- Make sure seller at least collects & prorates November rent to you!

What are some ideas should i explore so that I can minimize the financial loss in this situation especially given I cannot refinance even if the rates were 0% as my property value won't appraise.

Stock gains are considered capital gains and can't be offset by passive losses from your real estate portfolio.

However, I agree it’s better to just cut the losses now and learn from this crazy experience.

Landlord has to suffer the loss.

The client was saved by having diversified, and came up positive on his other DST's so it was a net zero loss.

I feel at a loss at the moment but do appreciate your reply.  

@Nicholas Foy average sales price in The Eye was $87,944 in 2023.We consider it a Class C- Nieghborhood.So, tenants will probably have FICO scores under 580.Means you may want to use a Vacancy/Tenant nonPerformance factor of 20%+ in your metricsYou'll also need a real good team on the ground to minimize losses.