My biggest Homerun was selling it and not having to lose money anymore !

Many operators and their investors are now finding out when the market stops going up, yoy better know what you are doing or you can lose your shirt.So I believe some personal practical experience owning and operating rental property is a good idea before moving to other assets.People can get into syndication in two primary ways:1) Find a deal or 2) Raise capital.Find an experienced operator to team with and let him order teach you the business.

How much are you willing to risk or are you willing to lose a tenant over that commission amount?

I'm not taking significant risks with new projects at the moment either so I'm not in a huge rush but also don't want to lose money as time goes on.I decided to build this property in an up-and-coming area (B- grade) with an estimated rental value of $1800-$2000 per month.

So if you're going to lose money every month by keeping the house and moving, I would say just take the hit and sell it. 

I’d probably want to pay a little less than the seller paid, which they probably won’t like but usually if you sell that quickly and haven’t made any major improvements, you lose money.

You lose control of the property by taking your name off the deed, but will still be responsible for the payments because you’re still on the mortgage. 

I am concern about losing the home and not being able to pay off this loan because I cant get the information.  

Being frugal at this point is only going to cause you to lose out on some great deals and those homes will be worth more faster in 2025.

Summers in FL are hot and when an AC goes down tenants lose it.