Everything is going wrong. 

Then, when they're ready to move in, they could convert it to a residence and remodel the house to fit their needs.I hope @Dave Foster and others can provide specifics on implementing this approach, especially when it comes to the long tax arm of California.

Calling @ Nat Love:)Your BP colleagues are waiting to hear the specifics as to why you say the course is working for you.

Hello, I am a 21 year old embarking on my journey into real estate, specifically focusing on multi-family properties.

JoelIt seems to cater specifically to agents. 

And are you suggesting to do a DSCR loan for any strategy or a specific one?

We have worked in many areas of FL for years and specialize specifically in REI. 

If not, then you got into this way wrong from the get-go, and get that MAO sorted now. 

Nothing wrong with negative cash flowing properties provided it meets your investment goals. 

Without knowing all of your specifics, I'd say that it's only worth holding on to if you can reasonably expect to have some really good appreciation in the near future (like 5 yrs)....Or, in the case where it would run well as a vacation rental, you could switch the usage, maybe?