However, we also recognize the time value of money, so while it might pencil out to turn a profit, but we get an immediate payback versus a six to nine month holding time, it might make more sense to sell them both as bare land.  

.: Quote from @John Williams: Here's why I don't like the 1% rule...A buy-and-hold investor should think long-term. 

That being said, I'll still hold onto a property if it cash flows $0/mo because I'm still getting principle paydown, appreciation (market + rental), depreciation/tax benefits.

I was one of the fortunate ones that was able to get out of the contract and after all expenses (forfeited deposit, legal fees, holding costs, etc) lost less than $20k.  

The more that do the more people will find out and hold them accountable.

You can probably hold out for the right renter but you might be waiting a couple months. 

He said that you can still sell the home, and this would not hold you back in doing so. 

Hey Ken, yes, total net profit is $25,000.Closing costs, holding costs, closing costs .  

Holding LTR in san diego on a new purchase is challenging not to be large negative at high LTV.  

I started out buying and holding mobile homes for cash flow when I first started out.