the answer i'm giving is based on the assumption that you do not want to / can not float the negative cashflow any longer. and note: even if appreciation / debt paydown / tax benefits strongly outweighed the negative cashflow, most investors wouldn't want to / couldn't float that. so that said, i say SELL. you have just over a million dollars in equity (minus transactional costs when you sell), and you could do a 1031 exchange into a ~4 million dollar CASHFLOWING property. i invest long distance into value-add multifamily on the west side of chicago. gearing up for my next deal right now. in that price range you could easily get a value-add multifamily with potential to cashflow 15k/mo+++ (up to 40k/mo) once it reaches its full potential. it sounds like you're in markets that are probably strong for appreciation and weak for cashflow (with the long term rental strategy). if cashflow is your goal, 1031 into value-add multifamily in a higher-cashflow area. don't let having to pay commissions during the sale stop you. you're already losing so much annually; you have to stop the bleeding at some point. also note that right now, with the way these two properties are losing money, that might negatively affect your borrowing power when you go to buy the family home. feel free to dm me if i can help in any way!

Empty lot in west central area for 29kOr next door houses that need some work but have renters in them for 125kwhat do you all think

The west side of 64106 is much better than the east side.  

West county is the nicest, but too pricey as well. 

I am reaching out to anyone in West Virginia that is a real estate investor.

A lot of out-of-state investors from the east and west coast are investing here due to the crazy growth over the last 3-5 years.

I live in Littleton and I'm planning on buying in the west Denver metro and I'm familiar with the area, but additional data points are always helpful.

Home prices are too high for us out west here to acquire and rehab property.

I haven’t worked with clients that far west.

It is a duplex located on the west side of Columbus Ohio (Hilltop Area).