Some others are unable to stomach the wreckage, hold their nose up, and refuse to help.Frankly, I'm put off by your remarks and I'm sure others on this forum share this sentiment.

If I want cash-flow, then this isn't cutting it, so sell.If I want long-term wealth-building, then the sentiment seems to be option #1 and/or #2.

i often wonder if topics like this actually help contribute to a downward sentiment.

That's weird, any explanation for the sentiment?

You can just save that for Judgment Day.My best friend always reminds me that 'if it was easy, everybody would do it,' and this sentiment couldn't be truer in the world of real estate.

Now how far will this fall, or how deep, too many variables but you'll see little mini bubble like formations come first then the air gets let out of the balloon.Your sentiment was right Collin just too, too early. 

But I get the sentiment and understand why people feel the need to do this. 

I, for one, agree wholeheartedly with Jeffrey's sentiment...

if so selling would deliver the proceeds to you tax free.The sentiment of your post feels like you really don't want to rent this property - both because you fixed it up too nice for a tenant and you don't want to deal with it, both very fair feelings.

I'd echo the sentiments to use BP resources and connect with local RE groups.