By paying off the mortgage, I have eliminated nearly all fiscal risks associated with the rental property.

Emphasize the importance of maintaining a smoke-free environment for the health and safety of all residents.Impose Penalties:If your lease agreement includes penalties for smoking violations, make sure to enforce them.

Feel free to message me if you want to chat further.

There are a ton of opportunities on-market (we see them daily), and it's almost always free to write an offer :) 

Post for free on Zillow, always get tons of leads there.

The residential manager acts as a defacto PM, but they occupy one of the rooms for free, so run your numbers.

Feel free to reach out whenever!

Another angle you could consider is to diversify into different asset classes to reduce your risk, potentially continue your low tax burden and earn cashflow passively through 1031 exchanging into Delaware Statuary Trusts (DSTs). 

Typically, when funds acquire loans, they assume delinquency/default risk in exchange for earning a yield on their investment.Yet this would work differently – it’s a request to purchase debt alongside a corresponding put option/insurance policy.From the buyer’s perspective, as long as the seller remains solvent, with sufficient liquidity for any exercised options, it’s a risk-free investment.

@Dylan TettemerFeel free to look on the website Pinterest for pictures on the Java strain.