, if you feel you have tried everything you feel you could to rent the place and can't, it may be time to sell, even if you sustain a loss selling it may be less than what you would lose holding on to it.

Ray, think about the long term sustainability as well.

If you can sustain that you should be fine.

Rent rates and property values have increased dramatically over the last 8-10 years and it's not sustainable.

There were higher end buildings right off or Route 1 in either Saugus or Revere that were higher end units that ultimately had a terrible vacancy rate because they were not sustainable at the time for the area.

The depends on if you can easily sustain the negative cash flow and if your expectations are for substantial appreciation.My guess is even considering appreciation this isn't a good long term investment

@Kurtis Montgomery, for your BRRRR strategy to be sustainable, don't forget that when you come to borrow against it for your next Buy, you need to aim for its APPRAISAL to be ~40% MORE than you've both put into it - so that you aren't putting ANY more of your own money into the Repeats!

Make sure you have figures for the most recent tax year or get your feelings hurt (and your math wrong).So...how sustainable is this new property-value "pattern"?

Our goal right now is to knock out our first deal and then move from part time to full time scaling our system into a sustainable business.  

The biggest differences you'll see in Texas is all major markets are appreciating quickly, likely too quickly to be sustainable much longer.