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Updated almost 3 years ago,
Return on investment after a rehab
So I have a property that has been renting just fine. The tenant moved out & we need to do a rehab on the property. This is all fine....except the rehab is more than the rent I would collect for 2-3 years. Does it still make sense to hold the property when you are losing money or should one sell the property to recoup the rehab cost?