Not only does it make the media outlets and fear mongers more money, but also it turns normally rational people into sheep.  

Rationalization is expensive.Sometimes the best deal you make...is the one you don't.

I think for coapplicant 1 you would need a cosigner because of a high Rent to Income ration, and for coapplicant 2 b/c of previous collections.Just my .02 and depends on your  rental market, too.

If you can refi and get a 230 with lower payments to get your cash flow back, then that's number one choice, if not, get rid of it, take a temp loss, and move on....and there are no GOOD reasons for negative cash flow...only rationalizations of BAD ones.

Citing supply and demand when talking about an inelastic need like housing is just empty rationalization.

My recommendation to investors in Denver is wait for the Price to rent ration to improve before investing in this market. 

This is a general discussion question...I am curious as to where you get your data, as a Broker nand an Appraiser, I would think that it is critical for the fix and flipper, buy and holder, wannabe wholesaler, or general investor to have MLS access...do you also preview what is on the market when attempting to make a rational investment decision in order to have a strong ARV as well as an understanding of what others are supplying in the same price point, ie. the competition, I put zero credibility or credence in Zillow, yet I see so many people placing emphasis on this weighted algorithm...understanding that this is a big country with many different markets, I am curious to hear your feedback.

Must admit though, that I feel like a kid trying to rationalize wanting to do something (even if it carries certain risk).

But I have a feeling the seller will opt for 1 and I'll have to provide some rational reason as to why it needs to be 2 or 3.  

I can't express how helpful it is to be able to talk through some of these "rationalizations" as a newbie with others with experience.