Unless it is severely under market I would ride it out.

Owner filled out all appropriate paper work in timely fashion, including hardship letter with proof of physical disability and loss of job.

Sit back and enjoy the ride.

This tenant is taking you for a ride. 

I live and work in the 2nd ward/East end/Eado of Houston, about at 5 min train light rail ride to the city and stadiums.

I try not to overextend myself so if I'm wrong about an income-producing asset or if a large expense unexpectedly comes up, I have enough reserve cushion to ride out the storm.I have no idea where we are in the cycle today, but since it's been so good for so long, my planning premise is the downside is more likely than the upside.

Hi All,I'm right at the end of purchasing my first foreclosure and it's been a much bumpier ride than I'm used to!

And it's the OPPOSITE with debt....if I can DEFER my debt (or even taxes) then it's better because paying $1 10 years from now is less money than paying $1 now...and that's another reason why we stretch out loans in this fashion.

If possible, skip the golf cart ride the manager will give you and ask to walk it.  

My main question is do I ride this out for the long haul, or cut bait and move on?