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Updated almost 2 years ago,
Cut and Run or Stick it out?
Failed BRRRR investment. Purchase price $90K, $60K rehab on a duplex. Currently all cash/not financed. Both units rented for a combined $1700 per month. Not many Duplex comps but probably would sell at about break even or small loss. Disappointed in the rehab work, had a pipe freeze and burst and insurance claim to repair items. Do I 1031 and try and get into a better investment or stay invested and cross my fingers no more issues arise?