After 8-12 years, they need to sell 1, re-fi one and pay down leverage + keep more cash reservs for cycle 2 of capex. 

.= approx. 700My monthly cost for living in one unit= approx $1800 (which is what I pay to rent right now).

It pays for the water, sewer, taxes, and provides us with a small cash flow distribution each year.

Individuals overwhelmed by debt may need to liquidate their property to pay off creditors.Divorcing CouplesDivorce often necessitates the sale of shared property to divide assets quickly.

So, does a 3rd party purchase the property and the buyer pays the 3rd party?

The biggest problem is potential purchases I have had to abandon simply because either officials don’t call me back or they tell me to hire a lawyer to do a title search.All of this is by way of setting the stage for my question.

And now that the furniture is not an expense (since I’ve already purchased it) I literally just need to plop it somewhere vs pay for storage!

@Orien Kuang - I think it's smart to try self property management on your midterm before paying 8-12% to have someone else do it.

You’re not making new deductions, you’re simply pulling them forward so you have less deductions in the future.

I verbally raised his rent several times, he refuses to pay the increase.