Need some suggestions

[Nitesh Chand]

Hey Guys. I’m interested in learning about buying and holding long term rental properties.

But I’m in a really messed up situation right now and looking for suggestions what would be the best approach to my situation in order to scale quickly. 
I bought a house a year ago. A house where me and my wife were going to live as long as possible. However my wife recently passed away and I had to move in with my in laws because of our 2 young babies. 
I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage. 
I’m interested in buying more rental properties but first what would be the best approach for my current situation?

Thanks. 

[Jake Andronico]

@Nitesh Chand

I'm so sorry for your loss. That's extremely difficult :(

The good news is, it sounds like you have equity in your property. There is no shame in taking some time to hunker down and reassess everything, and potentially sell. 

Losing $1,300 per month at a minimum doesn't sound amazing, but it completely depends on your financial situation. 

Figure this property and your family situation first, then you can worry about buying properties (imo).

Best of luck to you and I'm so sorry again for your loss.