The provider I am using allows for 60 days of continued coverage once construction. 

Our handyman team of 2 are moving out of state after working with us for almost 18 years to start/continue their real estate investment journey in a more affordable state. 

In fact, invest outside Calif for sure.I suggest you continue to rent and buy an investment property first.

If it's going to continue to be a 3 unit building, it would make sense to add another service.

After five years, I am willing to buy the other owner out or they could stay in and continue earning and enjoying the property. 

Living somewhere that you hate will make for a miserable real estate journey and you'll not want to continue.

Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!

and for the record not here to bash, i know it has helped a lot of people and i know it will continue to improve. 

And you are continuing to invest in real estate a 1031 is a good option to explore. 

Good leadership and one reason why I continue to stay plugged into BP.