Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

Why not sell it?

Because I don't see any exceptions in it for those people who want to get out, who want to just sell and run.

There is a 22 unit Boutique hotel owned by a couple in a town of about 2500 people. 

I promise you will have options once you finish renovating.If you purchased correctly (location & purchase price), you will have enough equity so that you can either sell it for tax free capital gains, cash out refinance (if mortgage rates are lower), or pull a HELOC to acquire your next property!

@Dexter Florendo Kalai AspacioBuy in the right location where people want to live and rents will continually increase.

did you know that banks have their own font and font size (so its like creating your own currency, if you do it and use the right people you will know). 

Also, I like mentoring a few people interested at times, but find it very frustrating.

With the idea you get your 6k back when fund deal/deals  MLM all the way sell the futures and the deals that Cogo did pay me off on as you stated took forever to fund and the rates were even higher than mine :)  Its just a very good Guru selling his stuff we all know they make the money selling the 6k how to become a lender. :)  

For a while, a truly irresponsible group of new investors were joining the forums, thinking they should pursue extremely dangerous strategies that put themselves and the people they were buying from at risk.