as the saying goes, you can't bleed a stone.

Knowing what I know now, that property is simply bleeding me of money. 

Last year we essentially did 4, but two are kind of bleeding into this year. 

there are many many scammers who advertise the exact same way..  100%   100% and 4%  sucks in the newbie then they go for the 500.00 app fee and then try to bleed them further until said newbie realizes there is no loan.. it works .. these bozo's will occasionally contact me on BP PM and go through their whole BS presentation.. 

Take it as one bad investment in your overall portfolio and start looking for properties OOS (in landlord friendly places).Try not to force anything on this property at this point, take what you can, minimize further bleed and move on. 

The thought process being even if your payments go up, as long as you're not bleeding cash, you can buy more real estate which will increase your overall cash flow.

You can still make this work and not bleed cash every month.

A slow bleed is no better.

Based on that, I think that it would be much better to sell it at a loss than to bleed green every month.Good Luck,Mike

If anything inflation in the coming years will likely be higher thanks to our swelling national debt which further helps those appreciating homes.