Should I sell or keep my rental property?

[Hwa Lee]

Here are the vitals:

600k purchase with 20% down

Low maintenance and tax abated for another 15 years (which made it look as a good investment)

Rented out, Cash flow of $82/mo

BUT

The board has imposed a $400 special assessment for one year, then extended for another year, and now want to extend that fir another year (they want to build reserve funds as maintenance too low). So for the last two years, cashflow was -$300

Alternative to this (which board is considering) would be to raise maintenance by $200 extra, which will confirm negative cashflow of -$100

What would you do:

Sell ASAP even not seller’s market- just focus on breaking even (i would then put all money in stock market waiting for another investment opportunity)

Sell, but wait until market gets better (could be 1-3 years, maybe more). I don’t need the money right now so could be an option.

Keep, as there is potential for appreciation (upcoming neighborhood). Suck up the negative cashflow (-$100 isnt too bad).

Thanks for your advice