When life returns to normal (after CV-19)  that will be a long and stressful commute I would not wish on anybody.

This shift may lead to employers realizing that many of their employees can easily work from home and that they can reduce their square footage needed at offices.

So your new basis is $150K just like you said.But don't think of it as anything to do with mortgage because that can trip you up down the road if doing a partial exchange or reducing mortgage and paying more in cash.Purchase at least as much as your net sale and you carry forward your adjusted cost basis. 

See if your can work out an agreement with creditors for reduced payment  in exchange for payment as agreed letter on your credit report.  

You can find a mentor and-or partner to reduce your risk.

I'd say we didn't have any bad experiences with our partnerships but in the end we spit because it's easier and less stressful to be on our own.

They don’t really want to work, they want hot and ready leads, and tend to be quick to reduce commission, which messes up the industry.

Because losses reduce your overall taxable income, and you may attain not only a discount on the conversion to a Roth IRA, but you may also be in a much lower tax bracket in the 2020 tax year.

@Michael YoderI cannot stress enough to have an HUD experienced agent, lender and title company as HUD has guidelines that are different from regular transcationsIn regards to your lender, make sure upfront that:-They have closed HUD transactions and are familiar with their funding process-Make sure the lender has a work around if you are not able to turn on utilities for the appraiser as this is the case with many HUDs 

Property management is a business to build that needs a large scale properties in order to brek even, and after that, start collecting the revenue.In your case, seems you are almost in break even point:  lets see:1) you have now a hand man that will cover the repair cost in many of the units2) you have a group that could collect application fees3) the same group would potentially reduce brokerage cost (depending on the state of the properties) advertising themselves4) You can expand this business and make it profitable...