See all the investors who went bust in 2008.Cash flow is what makes this sustainable, a company bleeding money has to find profitability eventually.

It isn't going to net you a higher price just because your realtor is a really swell chap.The MLS listing isn't going to bring in some magic super buyer -- this buyer isn't going to move in and make their 'dream home' and treat it like 'blank slate' to create whatever blah, blah, blah.

Nearly 50 of them since the early to mid 1800's.Here is the CRAP: Media is based on the philosophy of "if it bleeds it leads" and FEAR talk provides a better news cycle of drawing an audience in than "hey, a downturn in the economy may be coming, get ready for deals!" 

I partner with a couple of young guys in their late 20’s and early 30’s in my nose bleeding expensive market to flip, do some buy-and-hold as well as dabbling into development.

The choice there is between bleeding and not bleeding. 

If you hire someone locally to manage it you would be bleeding money.It may be worth renting it short term if you really want to keep the house, and see true value in it long term.

@Wes Blackwell, Thanks for your post, I swell with pride at hearing such good things about my old home.

It's time to get creative and figure out how to rent this for enough to break even and stop the bleeding.

And yeah "just hold onto it until the price goes up" is swell if you can afford it. 

Overall I guess I'm having a hard time accepting that subsidizing or bleeding cash while betting on appreciation is the right play here.