Vacancy is expensive, so this could be a positive depending on your goals/situation.

I will run my "Re Positioned" proforma on market rent and then have the RUBS as credit part of the income column. 

Here's what I do have:Ethics: I want to create a good home for a deserving tenant...in exchange for positive cash flow. 

Look at finding a family or friend that can lend the money, get a first lien position on the property, and then you can refi in 6-12 months to pay them off.

In these types of deals, the investor has to be aware of their rights relative to their position in the LLC, which is either a majority or minority holding.

Hi there,
Here is my situation. As an accidental landlord since 2010 ( couldn't sell) I am deciding between to sell or hold. I bought this townhouse for 280k with FHA loan. Outstanding balance 220k. Biweekly mortgage...

I say sell and invest in a positive cash flow property.

It is a first position note for 12 months to a borrower who paid 6 months of interest in advance.

@Matt WoodburyWhat matters is if the property has positive cash flow and a positive cash on cash ROI that meets your investing goals.Having a little extra equity at closing is great, but it isn't a real decision maker if the property has negative cash flow.

Positive Ground Electric.