However, if you are in a desirable neighborhood in Chicago and can break even or better, I would consider holding.  

[ONLY IF A SHARES EXIST] The option to sell shares to be determined by "A share" holder, president of LLC, otherwise if the president elects per below:Restricted sale provision:Shares of LLC are not marketable except to existing shareholders or to a prospective shareholder if and only if unanimous agreement from the existing shareholders.Selling to new shareholders or selling off a portion or all of the real estate: If shareholder voting is unanimous, a portion of or the entirety of the underlying real estate can be sold to a new shareholder and/or removed from the LLC ownershipLLC shareholder(s) buyout of shareholder: If any existing shareholder desires to dispose of their shares (and the desire is not unanimous as in part 2), they must be offered to existing shareholders at XX% of current assessed tax value of the underlying real estate associated with the shares.

It’s a very desirable location rents were about $4000.

If a qualified person tells you they have an Emotional Support Animal and you refuse them housing, you will be sued and lose.If a tenant moves in and then tells you they have an Emotional Support Animal and you retaliate against them in any way, you will be sued and lose.Any person with the desire to can game the system and be allowed a pet. 

to add, we do the same thing as @Michael Baum does. and ironically, not too far from him (shelton, wa) :)the thing works really well and we are able to easily add/remove codes as desired.

The house is in a desirable and clean neighborhood.

(The tenant did actually throw something at my partner, but she missed by a mile and we didn't want to see her get in actual legal trouble.)She sends long messages to the PM that often start with complaints/threats, turn to apology and desire to make things right, then go back to threats, all in  the same text/email. 

The other element here is that using a LOC for a down payment isn't the most desirable method of securing a down payment.  

I agree that a STR in Punta Cana would not be desirable to most folks and that would be a tough investment.

It's a 3/2 in the desirable Wilton Manors (Broward County, Florida) that I'll be paying out of pocket around 500-600 a month to live in once I get roommates.Thinking ahead, once I eventually move on to the next property, I'm considering Short Term Rentals.