If you were able to build equity over time, it could be smart to sell, pay off your loan, and use the money for another venture (flip, investments, etc) if it is truly bleeding you out.

Most decent lots are selling in the $50k to $60k range. 

This property cashflows very well now, so I do not plan to sell for quite some time. 

Know that every long term lender will require a survey and if something comes up on it when you are trying to sell or refi, you could get stuck in hard money without an easy or quick way to get out.Is there a pre-payment penalty?

so - what are the comps selling for, and what features do they have? 

It might be wise to sell it just from a management standpoint and reposition the money into some index funds and maybe another property in NC.

Omni Key sells mainly single family with some duplexes, and advertises off market deals on new construction and in fill properties.

I suspect the stock market and or building then selling a bizzness created a big majority of millionare wealth and or just high paying jobs and save your money :)

If your goal is appreciation, you'll find markets that have very little cash flow (if any), and you won't realize your return until much later down the road when cash flow catches up or you sell the property.There are probably thousands of markets to invest in.

(It was Hollywood and everybody has dogs)2) Somebody tried selling the appliances that came with the unit which included the fridge, dishwasher, stove & microwave.3) We were recently affected by the fires and had to evacuate, some tenants refused to evacuate even after police forced them to because they were "tougher than the fire".Have you heard of those horror stories about tenants completely trashing apartments and feces all over the apartment?