The issue is our land value is high, so the structure value is low compared to the overall property cost. 

So, what is happening today is not as important as what will happen in the foreseeable future.If rents are increasing faster than inflation (I use 5% per year as an average rate), then it may be worth holding the property, since your cash flow will increase as rents rise.However, in your post you stated, "Mortgage rates have kept increasing as well, that's why I put a range on negative cash flow."

the little nuances one learns in the foreclosure bizz... states with redemption rights are very tricky... in Oregon the rights sunset after 6 months.. so many investors if they don't have the rights ( ie can't find the person who lost the house) Or does not want to pay someone who bought the redemption rights and is holding them hostage.. they just wait out the 6 months and go about their bizz...

If it provides a nice return on investment and you plan to hold it for a long while, then it makes sense.

Of course, this requires professionalism on our part, but it also holds them to that standard.  

But it’s a risk you need to be aware of.What I’d Recommend for Asset Protection & Financing•If you’re worried about the due-on-sale risk, keep the rental in your name for now and hold off on transferring to an LLC until:•You refinance into a commercial or portfolio loan that allows for LLC ownership.

Ultimately, a do a little bit of everything in the residential space depending on the deal I find, but either flip paper (wholesale), flip houses (remodels) or flip the debt (buy and holds).I am looking to connect with as many of you as I possibly can while adding just as much as value wherever I can! 

Investment Info:Single-family residence buy & hold investment.

As our team has grown, it's become easier to cover responsibilities if someone quits, goes on vacation, or if we terminate employment, compared to when we had one or two homes. 

Do I continue to hold it and hope the appreciation eventually makes for a more palatable return?