Hold on sell

[Soumojit Sarkar]

I own a condo in BC but live in the US. I had issues with renting out the place earlier, and the current rent doesn't cover even the mortgage interest, let alone other expenses like property tax, insurance etc. The current tenant is about to leave at the end of the month. I'm considering selling the unit instead of finding another tenant. But not sure about it since the market is at a low point right now. At the same time, I fear that a new tenant might stay there for ever and interfere with the sale at a future date. What do you suggest?