If you like the niche and the subject matter it will help you dig in more and learn it.  

If it's an STR market, tourism and seasonality matter too.

At the end of the day, losing $10k is really not a lot in the grand scheme of real estate investing, and given the seeming high volatility of this market ($275k to $220k, presumably in a matter of months), and the generally high monthly cost of HML, I would get out quickly and think of the loss as the cost of education.At least in my area (Cincinnati, OH) I don't see the market dramatically improving even as we get into the spring buying season, and, honestly, I only see mortgage rates continuing to climb for the foreseeable future, taking more and more buyers out of the market.

The fact of the matter is, when you sell or buy a business, you are entering into a business partnership with the person on the other end of the transaction.Yes, the partnership is limited (partial buyouts aside), but what you will be accomplishing during your time together is significant.Due diligence can take months.

It doesn’t matter if you buy a new roof in year 5 or year 30, you depreciate it over 27.5 more years, not 27.5 since you purchased the property.

Most importantly, enjoy the journey and celebrate your achievements, no matter how small they may seem.

You could make a comparison chart of what the various companies cover to see the pros and cons that matter most to you.

The true hurts and one more thing it’s a matter of time when technology takes over and there will be no need for agents and used car salesmen, oh I think the second part is already getting taken care of with Carvana.

The first thing that the renters insurance would do is contact the landlord insurance and they would step in on the matter and/or they would subrogate any costs to the landlord's liability insurance. 

Who knows how many keys are out there now and wouldn't you change them as a matter of course when a tenant leaves?