Stay focused on your goals, and trust the experience you’re gaining will help guide your next steps.

The only silver lining is this property performance so bad, that it helps offset the gains from my other 10 homes. 

@Matt Kauffman thanks very much for your insight.  

@Jeff Shaver You can leverage your $550K equity by selling your San Diego property through a 1031 exchange to invest in a higher-cash-flow asset, like a multifamily complex, while deferring capital gains taxes.

It took a little time for all of ours to gain some traction early on. 

Some have mentioned issues with the Indianapolis Housing Authority, including delays in payments and cases where landlords with new tenants haven't been paid since January 2024.Do any local investors have insights or experiences with this?

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

Quote from @Wilson Lau: Hi @Arron Paulino, I am working with a client now looking at the Contra Costa County (Pinole, San Pablo, Brentwood) and happy to share with you some insights in DM.

You'll then see that delinquency rates are:- At their lowest point since 2006- Historically on the low side of normal - On an overall downward trend for the past 4 yearsIn fact, excluding the artificially propped-up mortgage market of 2004-2006 during which delinquency rates were slightly lower than they are today, bottoming out at 1.41% in 2005, there are fewer mortgage delinquencies today than at any time in the past 33 years.By the way, when these scant 1.73% of homeowners become delinquent on their mortgages, they overwhelmingly have the equity to be able to sell the home at a gain if needed.

Hey Max,Thanks for the insight!