Part of me wants to let them maintain current rents and lock it in for a 6 month agreement just to guarantee income for a while until I sort everything out, but then again, part of me wants to start raising rents to get them where they need to be, but I also would rather not have a ton of turnover right away as I don't have enough other cash flowing properties to help sustain me during that transition.

HUGE difference.2 - Commit this sequence of numbers to memory = 1073741824, and base all of your REI decisions on them.You must have a self sustaining, repeatable system in place that allows you to do the above. 

(4) Do you have a plan to sustain the negative cash flow (extra money to pay into this complex) until it turns cash-flow positive?

In my opinion a similar market which I think will sustain faster growth is Monroe, that may be worth looking into.

It just wasn't sustainable.

We let it go and her credit with it.So we went from a two income with two mortgages but a sustainable DTI to one income, two mortgage over the limit DTI.

At his current rate, he should have sufficient funds for a downpayment by the time he is 10 {if his interest sustains that long}.Of course, he cannot legally enter into a contract (and hence purchase real estate or place a mortgage) until he is 18, so financing will likely be via the Bank of Dad.Perhaps in another 5-years, I'll have the same story to tell :-)

What will signal sustained changes in the market?

The foundation was also heavy (full basement open to the back).Because of the boulders and the construction of the house we sustained pretty minor damage overall.

I too am curious as to what kind of cashflow you're getting to sustain off of it?