And, for those people who have more time than money, they can put in sweat equity into directly owned real estate.

Price point for duplex conversions are not bad with some sweat equity.

My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years or just move.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

Buying as is properties in any condition from MOTIVATED sellers with LOTS OF EQUITY in the property.

I use a Manulife One and it has done wonders for paying down our primary residence (to a point where we were able to use some of that equity to fund our first LTR).

On the positive, your losses are light. 

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

But if you'd rather take the equity and reinvest in something with better returns or less hassle, selling might be the better move.

I know there are issues with financing manufactured homes, but I have a lot of equity.