RENT if you can't sell at your price??

[Dean Hulsing]

I have a 9 units and I recently finished a property that I would like to sell.  However I am sure that I would be able to rent it quickly and I feel very confident in the improvements that I made in order to make a great rental with very little capital expenditures.  The home has 4 bedrooms and is in a C+ to B- Area.  I have approximately 75% of the value of the property invested and it has been on the market for about  one month now.  I feel that I am just holding on and I want to move on to the next project.  I was just wondering how long you would hold a property that you feel was listed at a discount.  I keep thinking that I could always sell the property at a later date but the area is probably not going to appreciate in value.  I think that it would take me about 8.5 years  (about 100 payments/ months)  to receive the amount of payments (gross) that I have it listed for.  If you could shed some light on this subject I would be very appreciative.  Thank you for your expertise.