Historic district is nice but it is surrounded by prostitution and drug activity. 

Beginners can potentially get favorable tax treatment on their houses that they sell for profit.  

If you call online you will get the 25k treatment.

Their lease is very clear about illegal drugs use being a non-curable offense and cause for eviction.  

@Austin Deardorff, TIC products, syndicated by broker/dealers under SEC law do qualify for tax deferred treatment under a 1031 exchange.  

Here is situation:My tenant for over two years parked a trailer in the backyard (other neighbors also complained about this tenant in past for drug use and multiple cars coming in night ) notice was sent for compliance of lease for removing truck in a week , he didn’t comply and I sent him 60 day vacate notice.After that he stopped paying rent , then we serve him 3 day rent pay notice or face eviction and obviously he didn’t paid rent ,I tried cash for keys but he didn’t responded and I found there are few people living in that home who had already eviction done on them so they are pro and they know what they are doing, now case is with eviction(turn over to eviction company in that city).Question:Tenant pays water and electricity , water is under my name I pay for water and he pays me per bill and electricity is  under his name but will get defaulted to me if doesn’t pay it.So my question is what to do in this situation if he is not paying water and electricity.Are there any suggestionsPS :I will update the summarized progress so others can benefited (if any).

Let me be clear, I am NOT asking for any sort of preferential treatment, I am asking that the playing field be litgitimate, and above board.

The tax treatment for the property will be an issue unless you can show you are renting at or above the market rent.

Make sure the doctor will write it up indicating that a pet is part of her treatment and is not really an optional item.2.

They wind up with guys tweaked out on drugs, not showing up, stealing stuff, and doing crappy work.