Cash flow of $150-$300 per month is pretty common for many new investors, and whether it's 'worth it' depends on your long-term goals.

My home is worth around 215k and I owe 127k.  

Just not worth it plus it's probably going to just get worse.I would not renew and re rent with it not being furnished assuming the furniture is trashed.

Maintenance/cap ex, insurance, if a rental PM, bookkeeping, misc.The fact you have a loan means 1) leverage 2) equity pay down.In addition, there are tax benefits.So I will do some rough underwriting as an OO non-rental at 95% LTV (because FHA has some undesired consequences that make the 1.5% difference in LTV worth avoiding the FHA).equity paydown: 20% (using OP interest rate at 95% LTV and not counting closing costs). 

Quote from @Joseph McElmeel: Any updates on if New Wealth Advisors is legit, worth it, or a scam?

If he bought this property ages ago for $33k and it is only worth $50k now, I just don't think that the juice is going to be worth the squeeze.

Regards,Colby  Hello @Colby Burns I'm a local Realtor (Fort Worth).

What is that pain and suffering worth?  

Or someone went camping and got rained out and had to put everything in the dryer when they got home.There are some really cheap motion sensing cameras these days- it might be worth setting that up.

Based on what I currently owe and how high rates are this doesn't seem worth it to me.Does anyone have any advice on what the best way to do this is?