It's cyclical, yes for sure and it's important to ride out the cycles.

For me, I'd probably ride this out.

If you can ride it out for 5 years (60 months at $200 month negative cash flow x 2 properties = $24k cost to hold on!) 

Her sole purpose now is riding herd on the folks in India.  

Guess I'll have more opportunity to ride my jet skiis and go fishing!

I could maybe get $4500/mo for mine, and I live a 5-min bike ride from the beach.

Remember your first bike ride without training wheels? 

If you pick a martlet a three hour plane ride away it will be hard for you to learn that market well enough to make a decision. 

Let her ride out this current booking and then if she wants to extend or stay again, decline it and raise your rates a ton.

@Carlos Lopes- thanks  - your points about accelarting the loan  payoff are  accurate ....the main downside to this is that whatever funds you are using  towards the  extra  paydown - wont be able to  work for you in some other  way .... if the  property is treading water  with the min payment being made - let it ride  and the loan will pay down on its own ....and then use your  extra  funds for  other  purposes