I saw this once and I suspected it was a scam but curiosity got the best of me and I reached out.

Placing 120K into refi vs loosing about $35,000, depending on how you file your taxes, I suspect you'll fare better if you carry a loss than getting 200K stuck in the property with a very low return.

By consideration, you would then need to research the area to determine vacancy rate, class of tenant, if market trending up (appreciation)/down/stable, is population increasing/decreasing/stable, is population getting older/younger/maintaining, etc.I suspect someone provided you very optimistic numbers that the 50% rule will expose.Good luck.

I suspect there was some 'funny business' and unethical behavior driving what you observed with your FSBO. 

Hi,Ist time landlord :) and asides from the usual suspects lease, addendums, walkthrough,  etc etc are there any NY specific paperwork eg lead-based paint disclosures or anti-discrimination etc I need to submit to my tenants for Orange County, NY?

I suspect it is likely to do better than Denver (it historically has done better than Denver).If it were me, I would sell the Denver place and purchase a personal residence in San Diego but not primarily because I think San Diego is likely to do better than Denver over the long term (which I do believe) or because in the short term it is significantly better than renting, but because I do not want to be at the whim of a landlord that can raise rents, evict, be lax on maintenance, etc.  

I'm no English major but that is what I suspect it means.

If based on your current income you can afford the $730 in negative cash flow by holding your rental portfolio (especially if, as I suspect, this $730 is all or mostly principal pay-down) and you expect to sell Beaverton at a loss at this time, I see no reason to sell unless you have a better use for the cash that the sale would free up. 

I suspect you may be required to make some compromises but the exercise will be enlightening. 

I felt myself getting really annoyed and stressed as I read through your post because I have also had tenants whom I suspected of purposely causing damage to my property in order to get me to make repairs.