@Daniel Green some good suggestions and really high performers on this thread, you are in good hands. 

If your income is high enough that you won't qualify for financial aid (or you've saved enough in 529s) then it won't matter.

At the end of the day, losing $10k is really not a lot in the grand scheme of real estate investing, and given the seeming high volatility of this market ($275k to $220k, presumably in a matter of months), and the generally high monthly cost of HML, I would get out quickly and think of the loss as the cost of education.At least in my area (Cincinnati, OH) I don't see the market dramatically improving even as we get into the spring buying season, and, honestly, I only see mortgage rates continuing to climb for the foreseeable future, taking more and more buyers out of the market.

It was high risk and it was my fault.  

for me, the ones that cashflow the most are the ones that I bought with 3% long term debt, they were new (low maintenance) and they are in high appreciating areas(just a bonus but does not impact cashflow).

They can take a 7% cash on cash for high quality commercial and with pay down and other drivers be in double digit returns on larger properties.Please folks do not be drawn in to buying these what appears to be low cost junker type properties that you think you will fix up and get this windfall of ongoing cash flow and equity on the resale from.

Hey Stepan, Some changes I'm advising and seeing my clients implement are expecting an extra 3 months of holding time and undervaluing the ARV just a bit due to high inventory on the market. 

Rates are too high.

In San Diego at the current rates for a purchase loan (which has better rates than an ADU additions) at high LTV, I show 1% does not cash flow on a sustained basis.  

I highly recommend hiring an attorney, at least for your first time.Some attorneys specialize in evictions.