Exhibit 10.6 CORNERSTONE REALTY INCOME TRUST, INC. 306 EAST MAIN STREET RICHMOND, VIRGINIA 23219 September 30, 1998 Apple Residential Advisors, Inc. 306 East Main Street Richmond, Virginia 23219 Attention: Glade M. Knight Apple Residential Income...

                                                                    Exhibit 10.6




                      CORNERSTONE REALTY INCOME TRUST, INC.
                              000 XXXX XXXX XXXXXX
                            XXXXXXXX, XXXXXXXX 00000


                               September 30, 1998



Apple Residential Advisors, Inc.
000 Xxxx Xxxx Xxxxxx
Xxxxxxxx, Xxxxxxxx 00000
Attention:  Xxxxx X. Xxxxxx

Apple Residential Income Trust, Inc.
000 Xxxx Xxxx Xxxxxx
Xxxxxxxx, Xxxxxxxx 00000
Attention:  Board of Directors

Dear Sirs:

     Pursuant to section 3 of the Advisory Agreement  Subcontract dated March 1,
1997 (the "Agreement") by and among Apple Residential  Income Trust, Inc., Apple
Residential   Advisors,   Inc.  and  Cornerstone   Realty  Income  Trust,   Inc.
("Cornerstone"),  Cornerstone  hereby  terminates  the Agreement in its entirety
effective September 30, 1998.

                                           Sincerely,


                                           Cornerstone Realty Income Trust, Inc.

                                           By: /s/ X. X. Xxxxxxx, Xx.
                                              ---------------------------------
                                                    X. X. Xxxxxxx, Xx.
                                           Title: Vice President and Secretary