I'd also recommend dumping the garages there's almost a total loss on that unless you are putting units above them on a dense infill lot for additional units it's not worth the cost of construction. build cost is pretty high for your market for three story suburban walk ups. we could never build at that price and make any money. suburban sells for 160k a door in our market with land. get on yardi make sure you Arne't going to lose money on it.

I was originally concerned about losing my entitlement but that’s not longer an issue, it seems.

I know some people that have property free and clear don't care if they lose it and only carry liabliity insurance to protect against accidents on the property, medical or legal bills, etc.Do I have no other recourse but to carry full coverage?

Should I invest and be okay with losing money or run is the question...

The primary residence is a cost center and loses you money, since you shouldn't bank on appreciation.

But it ran out of ink and I've spent the last 2 years trying to find a reason to buy more laser 'ink' for it.I think I will look deeper into Chris Goulart's and J Scott's suggestion with MyFax along with HelloFax as suggested by Ben Bakhshi - I actually signed up with HelloFax a few days ago for their free online signature feature and didn't even think about them for the incoming and outgoing faxes.I'm re-ordering business cards and figured now is a good time to change my fax number and get out of being double-billed for fax services.Rob K - Thanks buddy but I don't want to get tied down to Comcast to a point where I will lose my number if I decide I no longer want to pay for TV I don't even watch - lol.And Bridget D. - LOVE the quote!

I'm sure PMs lose money on properties that are $500 a month. 

You are already losing money on it so you should either cut your losses and sell or be comfortable losing money on a monthly basis with the expectation to make it up on the sale down the road (see you're in FL so you might need to wait a few years).

I’ll budge and “grudgingly” give up to 155 to let them win but I’m also completely okay with losing this deal. 

If something horrible happens (like your handy man who you have given the keys to all the properties rapes your female tenant (you didn't know he just got out of prison for rape) (no insurance coverage for you by the way because intentional torts are uninsurable) you will lose everything you own.