Having a positive cashflow of 1.2k/month is outstanding, and I think it is unlikely that you could replace that with anything on the market now.

As for pros/cons of keeping it:Cons: 1) Poor cash flow to value, 2) Managing from afar has extra difficulties/risk, 3) No cap gains if you sell nowPros: APPRECIATION: San Diego historically has produced outstanding return for long term buy and hold.  

She emptied my house with an outstanding rent of roughly 5k. 

I hope that everyone's 2024 is off to an outstanding start!

Depending on the notices, it might have been forfeited.You can always sell a property with outstanding redemption rights.

Full occupancy in 12 days is outstanding. 

This deposit serves as a form of protection for any potential damages or outstanding rent at the end of the lease term.Most of the property management companies offer various convenient payment methods to ensure a hassle-free experience for tenants.

@Adam DeShone That's outstanding that you were able to do this deal with 100% CLTV!

Every year, rents increases, outstanding mortgage balance decreases, you may refinance into more ideal lending terms also.

.- We have no outstanding mortgage debt.Recently, we discussed financing options with a banker at PNC and learned that we might qualify for a HELOC up to $480k, albeit with a relatively high minimum interest rate of 9.31%.