I think it's a good place to be, man there sure is a lot of multi family inventory coming in the market right now, but I guess it's getting absorbed?  

I'm still learning and absorbing information.

How comfortable are you absorbing that loss?

It wouldn't be a way around the regs.Sell would be something if you would make a decent profit and could find something to replace it.If you convert it to a LTR, could you absorb the expenses?

I think the long term fundamentals here are solid with job growth and population growth, it’s just a matter of the new supply getting absorbed which will take 2-3 years. 

No question is too basic; we’ve all started somewhere, and the more you can absorb now, the better.Wishing you the best of luck on this path!

And I'll remind you what Ben said in the year leading to the great financial crisis, We see no systemic risk spilling over from the housing market, Freddy and Fanny are well capitalized and should be able to absorb this, all the way until "we are on the verge of a systemic financial meltdown".

Too much overbuilding, but once it gets absorbed, should rebound.

However, Partner Driven is unique in offering full partnership on deals, 100% funding (not a loan), step-by-step guidance, profit splitting, and absorbing 100% of the deal's risk.Moving ForwardPlease reach out to me directly so we can discuss your concerns and find a way to support you better.

Hang out in these forums and absorb all you can while realizing you are in an area that a lot of folks don't fully understand.