We're not sure if we want to keep this one, possibly two, bedroom suite or lose the second kitchen and add walkin closets to the lower bedrooms.Any insight on the value of inlaw suites  

never. think of the lost revenue and jobs that they will lose! 

You could try selling it, but most good investors will realize the price is too high.If you're LOSING money every month, you might consider a short sale.

I am officially paying off the last of my collections this thursday, and then Ill be collections free, and I can be debt free in less than 6 months after.I really want to continue expanding my businesses, as well as expand into RE, with a more heavy emphasis on RE than my businesses until the previous and current acquisitions stabilize and the dust settles.I wont say how much I make, just that I have the cash flow to very easily put down 10 and 20% down payments on houses every two weeks with ease.I really want to expand into RE in the baltimore area, fort meade area, Joint base Andrews area, college areas across the US, in Tennessee, and in Texas. 

It's very hard to build, but very easy to lose. 

While there are lots of other factors to consider, assuming all things are equal, and while we are talking about cash flow vs value, It could definitely make a lot of sense to pay/lose out on $2,550 to gain $6,000.  

My other interests are Music.Last but not least I'm currently attending Classes at Cypress College Majoring in business administration with an emphasis on marketing. 

IE it went up 6% in the year to cover Realtor fees.. you might break even in the Bay area if you had to exit in one year. in the Turn key markets you will FOR sure lose money.. and most likely will lose Capital anytime in the first 5 to 10 years in most lower end turn key areas as values are stagnet and really don't move up unless the homes are completely refurbed again and run through the high powered West coast marketing machines that Turn key operators are ..

Sure you would lose your earnest deposit  (1k) , but would be saving quite a bit more than that if you paid too much for the property. 

I met with a seller today who's going to lose over $200,000 on the place (bought at the height of the market).