In order to past this SS test, your appraised market gross rental income at 75% has to be more/equal to your monthly mortgage payment (PITIA).

You'll probably lose a little, but at least you'll be done with them and can start fresh.

Quote from @Mitch Holmes: I would flip as well, as Chris mentioned.

@Marci S.This will be challenging as most lenders will lend on an asset.

Would I then be first to be paid back after the sale of the property as the money isn't the LLCs to give? 

I would be on the fence as well.

For a few hundred more it is well worth it in my opinion.

Just started reading the “How To Invest In Real Estate” by: Joshua and Brandon and the 1st actionable step was to join the community, so here I am💪🏽

Condos will be your best option when compared to co-ops because only about 15% of co-ops allow subletting.

My wife and I used to do flips in this area, and I have a couple listings along with long term rentals I manage in the area..For the co-host, they typically do not handle permitting and other items like that (this can be agreed upon between you and the co-host.