Hey Brian, you're not cash flowing, but you've significantly cut your living expenses! 

I can only assume that it is because the situation was so clear cut that they were a REP (IE full time development), the audits were focused around other issues.

I know Investors want to remain hopeful that things will pan out, but sometimes you just need to cut your losses and move on and stop the bleeding.

If the platform feels like you are trying to cut them out of their fee, then you may lose the ability to list temporarily or permanently.

Quite a steal and they get snatched up pretty quickly but if you crunch the numbers, even with the high interest rate you get pretty close to cutting even on your rent (after you allocate X amount to unforeseen property costs)

I sent a licensed person yesterday who does repairs on doors and asked if we could somehow cut out the wood that is bad and replace.

Our place is full for about 5 months a year and dead the rest.There is no way I am going to cut our nightly rate to 1/2 or 1/3 to get some bookings.

I really appreciate this kind of feedback and am likely to cut a deal with them to get it rented.

Or should I cut my losses, sell it now, and look to invest in something else later?

The last thing you want is owners under cutting each other.