It's hard to recover from a bad review when you only have a handful of good ones to balance it out.I hope this helps and good luck!

Long term rental comps on average, when you pencil it out, will be at a loss in the $100-500 range in my experience.

Sellers who purchased homes during the market peak may find themselves in difficult positions, as they could potentially have to sell at a loss or contribute additional funds to close a deal.4.

from my perspective C can be 50 50 for out of stand landlord   as in 50% chance of a decent outcome over timeD class for out of state I think is 80 to 90% of folks that try this will lose money and end up exiting as a loss sometimes a huge loss

But the deal is still horrible. most accounting would have this as no return as there is no cash flow while recovering a negative equity position.  

Seller Default: If the seller defaults on their obligations, the buyer may face challenges in recovering their investment.

For example, any foreclosure of a home equity loan must be through judicial proceedings (court), and cannot proceed as a private foreclosure.All home equity loans are non-recourse loans, meaning that if the lender does not recover the full amount owed by the borrower through the foreclosure process, the borrower has no personal liability for the loan and cannot be sued for any remaining balance owed.Back to topConsiderations When Taking Out a Home Equity LoanHome equity loans can be a useful tool to allow a homeowner to obtain funds that are otherwise locked up in their home.

My gross rental income looks pretty impressive and here I am working my W2 job, to say nothing of the losses incurred each month on my Class C Indy house. 

Disappointment and risk (I.e. financial loss) are linked if you try to do Real Estate solo (vs with us), which exactly why we started the program.

As far taking a $1K loss a month, maybe talk to different prop mgmt companies to see if you can get a better deal or if your property needs any upgrades that you can perform in order to ask for a better or higher rent, something to consider.