It's ultimately up to you.

Challenges like this can ultimately set the stage for a better-performing asset in the long run.

Having intentionality in your actions and goals set to enable you to reach that 1 real estate transaction milestone is important and will ultimately help you reach that sooner. 

Ultimately, it depends on how quickly you want to act and your comfort with leverage.

It's my ultimate goal to move to things like syndications as an LP so I don't have to deal with the headache of managing property any more (even through a property manager). 2025 will involve progress towards that goal.

Ultimately, good to hear from both sides (pros and cons)  It's not the right one for me and my goals-- but if it helps you get to the next stage, it might be the right one for you.

Land is very tough to estimate value do to it's valie is based on what you can do with it and how much demand there is for what ever is ultimately done with it. 

Seller is an investor who sells dozens of properties each year (some of them via fsbo) but ultimately give in and choose to let you list b/c they’re having trouble offloading this particular property OR want to spend their time on something else.

Check out The Ultimate Guide to Grading Cleveland Neighborhoods before spending any money on a Cleveland rental property.

Our ultimate goal is to get into real estate development along with buying rental properties.