If the market stays flat for 5, 8 or 10 years (which isn't uncommon) you have to hold the property, otherwise you'll likely sell at a loss. 

Will your losses get limited?

@Nathan G.Mitigate losses.

Long story short, I would like to funnel all the rental income from my properties to my property management LLC and pass profit/loss onto me after deduction.

If you or your spouse actively participated in a passive rental real estate activity, the amount of the passive activity loss that’s disallowed is decreased and you therefore can deduct up to $25,000 of loss from the activity from your nonpassive income.

In the third and final segment of Real Estate Tax Deductions, I want to discuss At-Risk Rules, Basis Issues and Excess Business Losses.

Meanwhile, they keep paying their mortgage and suffering while you're probably charging a minimum management fee and with very little threat of financial loss.

If you are not subject to passive activity loss rules, then segregating the cost can help you deduct some of the cost in the same year.  

If it's that way near you expect delays in re-renting.People are also saying some desired goods are not available with out long waits--again possible longer than anticipated turn times.Risk/reward.So the question you might want to ask yourself is not just should you raise the rent, but is this the time to do it that's most beneficial to your wallet--because there could be losses from this.  

One who had million in revenue, or million in loss.