That said, if your losses are not too deep, you may want to just move forward and chalk this up to a mistake you made (not staying heavily involved in the project to check up on it daily or at least multiple times a week.

I just bought a super nice, heavily renovated historic building downtown. $8m price. 90k of rent roll.

@Kumar Gaurav My only experience is between San Francisco and Arizona.San Fran has a heavily increasing homeless problem with rising taxes plus its super expensive.

I'm considering the area heavily to invest because of its 50k+ Marines and Sailors in the area. 

We generally heavily advise against condos as investment properties with a few exceptions...If you already own it then it can potentially make sense to hang onto it as a rental. 

Purchase price and down payment are negotiable, at least to a certain extent.Cash on cash is a great measure, but is heavily influenced by the financing. 

@Anthony Phillips I’ve invested heavily in Knoxville and Chattanooga.

I also work in an industry that is attached heavily to the stock market, so this year could be a bit of a roller coaster.

I have basically accepted that for the next few years I may have to bounce around a bit and I’d like to pick one area (say around Hartford or Springfield but I agree not in the actual area) that I start investing in and possibly invest heavily with several properties in the area over the next few years but the issue is I love Boston and love being near the city.

I realize lots of people are heavily vested in this space and don't want to hear what I am saying.