My other question is what is a good asset protection strategy for RE investments ?

A nice home they might want to leave to any heirs tax free in the future.

(to protect my interest if seller is unreachable in the future)3.

What you will have is an RE that is cash flow negative that is unlikely to experience significant appreciation.  

I do not believe it matters if you start with mortgage broker or RE agent.  

For my clients, in every city I am set-up in I have an agent who pulls all the comps and writes up an opinion on the value based on size, area, finishes, market. 

The redevelopment also includes 250,000 square feet of retail, park areas, and a transit hub, which will make homes near the redevelopment highly desirable for future buyers.

Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

Quote from @Account Closed: I would say.. can you save the tub and re-glaze and redo the tile on the wall can save you $1,000 or more just on materials and labor..

When I was a kid my dad hauled me around with him for years doing his RE sales calls and meetings with his RE attorney.