If this increase puts an unsustainable financial strain on your budget and you decide to move, please let us know as soon as possible.

Depending on your area you might find a nice selection on Turno that you can rotate through. 

We have spares to rotate them.

Quote from @Neil Warren: what are your thoughts/experience with turnkey for startingIf it's your first investment property, turnkey is the preferred method to learn and not expose yourself to unnecessary financial strain. 

- It gives you peace of mind to know that should a loss occur, having funds readily available to replace lost items will reduce the strain on your relationships.- It’s very inexpensive and easy to obtain a policy.

Because buyer demand shifts down in budget, straining supply/demand on entry level unit's, raising the bar for what entry level unit pricing is, RAISING median price. 

I'm told it would not only be a strain on me, but a strain on them to process that many payments monthly.

In other words, it is about timing the rotation of the ax (vs. hitting the target or not). 

And if you're straining to put 25 or 30 percent down, when that extra cash could have gone toward down payment for home #2, I'd rather have the second investment.I just posted on this thread here about how the demographics are such that there are just going to be more buyers than homes available for the next several years, so prices aren't likely to go anywhere anytime soon.

Why should we cut losses....Financial Strain: This is not working and is going to have a significant impact on finances.