(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?

With a fideicomiso, the first $200k is tax-free when you sell.2.

I just heard a strategy of selling points instead of buying points.

Is this a loophole; use depreciation to offset UBIT but when selling there is no tax on the gain because it is an IRA?

My number 1 tip would be to go off market and find owner that wants to sell at a discount / prefers speed and convenience. 

If you cash flow $1K per month for 36 months, and then sell with the ability to pull back your original investment, would you consider that a win?

It is the bridge between buying and selling a flipped home.

Will you need to sell the property?

Lots of property management companies sell turnkey flips and also have realtors that can find you value add properties, and they probably have contractors to recommend and even may handle the project management for you if you're going to use them to manage the property.

It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.