Granted you could always tell them "No, sorry...Get out", but more often than not these are great tenants who you've established a relationship with, and it's better to keep them in place than push them out in exchange for an uncertain outcome.It's also common to find more work that needs to be done (painting, floors, leaks, etc) that wasn't evident until the unit was vacant, which in turn often delays the availability of the unit.3.

Foreign exchange housing?

I have clients that will let go some of their multifamily properties to 1031 exchange.

@Jim Gonzalez, There is a possibility that you could sell the condo now and buy another vacation rental without paying tax on the gain using a 1031 exchange. 

@Filak Thomas What you're referring to is a 1031 exchange and while I don't know all the details because I've never done one myself I do not that there is a time limit of like 45-60 days from the day you sell your home in order to qualify on the not paying taxes bit.Also, for capital gains tax on an investment property you only need to own it for one year.

I've been thinking about selling and doing a 1031 exchange for a like kind property. 

I've been thinking about selling and doing a 1031 exchange for a like kind property. 

There is no actually cash exchange of interest component.

You are suppose provide parameters and with several exchanges we weed out pertinent information for you/end user.

Some complex things such as 1031 exchange.