Sounds like the issue started from not grasping the financials well enough before purchasing.It is hard to give advice on this without more information and background on why expenses are high and why revenues are not covering the cost.Property 3 - Same issues as property 2Sometimes cutting your losses is the best option but it seems like you really need to get a better understanding of the financials.

Until we get some common sense into lawmakers where they begin to grasp the true impact their policies are having on the average worker, there will be no turning this around.

Originally posted by @Corey Martin:BP podcasts, blog, and forums have been a great help in grasping the concept of real estate investment. 

Once you have a grasp of that, you have a concrete goal to work towards, and that should shape how you invest.  

Outside of having money or access to it which it sounds like you have a grasp on, you want to decide on a strategy and then see if the market you have chosen is a good fit for that strategy because if it isn't you will be just spinning your wheels. 

But that's my plan once financial freedom is within my grasp.

I have a couple years of experience working with investors, and I can tell you that more often than not, first time investors do not have a realistic grasp of the market they are looking to buy in. 

I have a fairly solid grasp of real estate investment and follow sites like Bigger Pockets and Michael Zuber since I enjoy the discussion and on occasion learn something new.

Originally I listened to it from audiobooks, but it might be time to buy the book as I like holding them in hand and feel I grasp the information better.

This is where many people fall off and lose the opportunities that are in their grasp.