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. 

Some people in your position would never work with a wholesaler, while others I know rely on them (because they are good of course).

If there is ways you can add value through cosmetic work AND negotiate a price to but you in a good position with a fair amount of equity to begin with my opinion would be find another partner to front the remaining amount needed to put the down payment on a HML until property seasoned and then refinance into conventional through bank/credit union.

I always self-managed, good salary job that I could take off from as long as people could reach me, this was prior to cell phones.

Should I ease up and wait for the markets to cycle down and get a stronger start position? 

Even if you do have a low CTR rate cause you are in these lower positions, the idea is the more auctions you show up on the more chances you have of getting clicks and spending that full budget.Contrary to popular belief, which is just showing up #1 for every keyword, statistically speaking if you only show a couple of times in those high positions you end up getting 1 click and lets say you have a 4% conversation rate your going to have to get a lot of those really expensive clicks in order to get a conversion but if your bidding at a fraction of the rate your going to get a lot more traffic.

I'm sorry in advance for this one, but it sounds like you could be in the infamous position of being a stuck landlord.