Quote from @Jaycee Greene: I have a client in Kansas City, MO that had to make the EXACT same decision a couple of years ago.

@Jaycee Greene, I have to learn more about house hacking to take a deal like this. 

The $10,000 yearly maintenance fee is really hurting your cash flow, as it’s eating up all your profits.

Quote from @Cloey Green: I have to agree.

Quote from @Jonathan Greene: I agree that pricing a rental too high is a classic mistake than can make it sit, but don't you think encouraging landlords to rent quick will make them compromise on the vetting of the tenants? 

But from a moral & ethical perspective, you may want to decide at some point to just eat it and accept write it off as cost of doing business.

A friend of mine, Ryan, who invests heavily in Baltimore, realized his interest costs were eating into his cash flow.

Before renovations, the property isn’t cash-flowing enough to justify a $360,000 price tag, especially if financing eats into potential profits.

Thanks @Jaycee Greene for your insight. 

Hi @Jaycee Greene.