Cashing out to invest in other ways may result in a huge capital gains tax hit plus risk of losing it due to inexperience.

Perhaps by bringing attention to it at a public meeting the "right" person will hear you/get wind of it and send one of their guys out to spend an hour to "make the problem go away."

Maybe more.Where you can gain some money in this analysis is in the garbage and water / sewer expenses.

You would want to make sure that their rent payments actually gain you a profit and that there isn't any penalty for selling in a few years.

@Ashish Acharya I want to say it was capital gains tax if you dont keep it for a year or so.

$100k gain is my minimum to bother with an exchange. 

Then a recent one REALLY caught my attention and made a lot of sense to me.

The 3 year mark from the day you move out is important since it will be the deadline you have to decide whether you want to sell or keep this property without having to pay capital gains taxes. - Please notice that you won’t cash flow the $30k (minus repairs, vacancy, taxes, etc.) that you calculated, since you will have to pay interests for the HELOC

The incentive for investors is the deferral of capital gains taxes in stages over a period of years. 

(Question should be viewed as theoretical and does not necessarily reflect our true financial situation) I would pay close attention to make sure it is ONLY due to depreciation.