It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.

Private lending is passive but in terms of taxes "ordinary income" and you cannot cancel out with passive losses that you get when you are an equity holder of real estate. 

If you provide us with some details we might be able to better help, what did the last one look like?

I noticed that for last quarter of 2023 I didn't receive rent from the housing authority.

I love their paints - thick, roll on easy with no spatter, and better prices than Sherwin Williams - and they keep files on all my properties so they can tell me when we last painted X house.

The last year and a half I blew thru $50K on updating 2 properties once the tenant moved out .

Gross income 2.5X rent ($X,XXX/mo), no evictions, no violent crimes in 5 years, no late payments in the last 12 months."

In fact, they had a speaker on wholesaling last Thursday 😊

Actual facts driven by factual numbers including potential realized loss.

Would experienced investors stick it out or minimize losses by selling?