This is an interesting time in this space because of the difficulty from the jump in rates. 

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.  

Prop 19 is relatively new and there is not a lot of resources and guidance about it yet, so you may be having difficulty understanding your options. 

That adds up to almost $24k/year for one property.The Difficulties of out of state investing include minimal market knowledge, difficulty building/maintaining the team, no option to self manage to save money, and harder to do heroics if needed from a far (we once had an OOS duplex get hit by hurricanes 1 year apart.  

Hi everyone - I'm building a small portfolio of multifamily property in Jamestown, NY. I'm having a challenge finding a loan, whether that is a DSCR or a mortgage that will fund for $90K (I'm putting $30K down) under ...

I'm sure others on the site will disagree but buying properties away from where you live can be very complicated and difficult.  I

The difficulty from what I see is that these sorts of scams are mostly small and local police are ill equipped to investigate and prosecute especially since most of the criminals are not local.

Understanding one another's difficulties can lead to better solutions.Make sure that any modifications to the rent payment schedule are noted in writing, perhaps as an addition to the lease agreement.

Investing out of state can pose challenges such as unfamiliarity with local markets, potential difficulty in property management, and variations in regulations.

I need to install a fire escape for a 3rd floor multi-family building in the Albany, NY area and am having difficulty finding contractors who do this type of work.