The buyers are swallowing up any/ everything out there.

My gut instinct is to say just swallow the loss and move on.

I am based in Auckland and work in the CBD and I am at the research stage and strongly leaning towards buy and hold at this stage, however I am all ears when it comes to others experience and their point of views on other methods and what advantages and disadvantages accompany different methods with REI.

That is tough to swallow huh.m.

I challenge what major American City can you purchase a SFH, or a MFH for under $200K within 2 Miles of Downtown/CBD.

A little background on me: I rent in SF in a rent-controlled apt, I own two small MF in the East Bay, and I asset manage and operate numerous multi-tenant commercial properties in the CBD of SF.

Properties are getting swallowed up fast out this way, so it's time to move into Rentals!

And, she would become exhausted while eating a very small meal, because when you swallow you can't breathe. 

The entry level (< 20 units, < $3M) for C class value-add properties are running at 5 - 5.5% cap rate and are often swallowed up quickly by California 1031 money.

I always found that to be a very hard pill to swallow.