That was the right move for us at the time, but let me tell you, boy oh boy does it hurt every time I realize i sold a 3 bed 2.5bath home in dublin schools that I bought for under $200K...its the one that got away and honestly will haunt me forever...or until i go back and get it again...but seriously find a way to keep that thing fo the long term especially with that rate. 

The property is in a solid area where Neighborhood Scout puts it at the highest rating for appreciation, predicting 40% appreciation over the next 3 years, and we'd look to refi or do a HELOC in 3-5 years to realize that gain, and I'd probably buy them out with my portion at that time.

I realize it's just an example and my comment is a generalization but just something to be aware of.With regards to the original question, I think it comes down more to what you want to do and what the offer is for walking away vs. rebuilding.That is the exact example a public insurance adjuster used when speaking to a local investor group a few years ago.

I had some beautiful pieces personally and realized that they always look dirty in sunlight.

I realize there are Regional differences.

At that time, few realized that you can buy and sell loans, so the software didn't exist.

I realize these are already very good terms, but I thought I'd check what is possible.

I reached out to both of them, but then I didn't realize how many random internet people were reaching out to them.

Right, @Karla Garcia but the trick in rehabbing is that you may think you know what needs to be done and how much it's going to cost until you start the process and then you knock down a wall and realize the whole house needs to be gutted!

That experience made me realize I want to dive deeper into this space.Right now, I’m in the research phase—figuring out locations, property types, and strategies while working on funding and budgeting.