To short sale, or not to short sale

[Alvin Mallette]

I am renting out a condo that I had to rent out in order to move into my new place. The issue is, while my tenant covers the mortgage (and he 's a good tenant), I have to continue to pay the condo dues, out of pocket. The dues ($250) go up every year and I am not sure that I can ever make any real money off the place. Should I short sale the condo as I am probably still underwater or is it better to hold it? I've been renting the place out for about a year and a half.