I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

I recommend you call a local agent or broker to give you a better lay of the land so you understand the challenges/opportunities in this area.

Hey gang - A partner and I just started a local RE investor meetup.Q: For anyone that attends these regularly or runs one....what are some of your best practices/tips/tricks to keep your audience engaged and growing?

The superintendent told me any age is allowed but the population seems to be 65+2.

Many months of costly vacancy, local market rent & resale deteriation, special assessments, property taxes and maintanance fees suggest a quick sale would have been the wise thing to do 2 years ago.

Congratulations on the duplex -My investor clients have acquired several multi-family investment properties locally in the market I operate in Northwest Indiana - Figure out your personal investment objective for the next 4 years and align yourself with the next property that make sense in this current market environment-

I took a 5 minute video of a long-term unit and put it on YouTube, that saved a ton of time for Denver local prospective tenants!

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Reach out me as I am a local Realtor and can assist you!