Gas fireplaces are fairly common in the housing stock we deal with over in Cleveland.

It would be no different than you managing a portfolio of stocks for them as a note is a security.

This has worked well for me in the Cincinnati, Ohio market and I am now practicing these same principles in Toledo. 

The duty to mitigate is a basic principle of landlord tenant law.

- Due to the long distance and the HOA covenants, I'd have about ~19k in annual operating costs when I include both mgmt service fees and burden my ROI with the opportunity cost of not investing the stocks. 

However, 2020 can be turning point as will need to see economy, interest rates, jobs, stock market, unemployment, etc.Who said that you cannot sell at peak and buy again at low? 

@Reggie MaggardI have some cash and stocks.

Not “caution to the wind” aggressive but aggressive using sound investing principles!

@Will Gaston I have no experience with this particular situation, but it seem like you have to decided between an asset sale or stock sale. 

Should I invest in a Detroit and buy a cash house/duplex or use that money for a down payment in a better place through ROOF STOCK?