Even if you are losing a little $$ monthly, there are other benefits to RE- especially in CA.... sell it now and you lose a LOT of $$.In CA, I would hold it....Yes looking back I truly believe I let emotions run the show and did not question the comps and numbers my realtor presented.

I just don't know which would be the best way to present the idea to him with it benefiting the both of us.

Hi guys, I have read a some of your books and watched some of your videos, but right now, I am feel so bad. let me present myself, I just got in the US 9 years ago, I bought my first house in 2016, single home 3 bed and 1 bad, 1 1/2 stories, 1 1/2 acres.

Oh it's definitely present in other areas too!

No time like the present.

I attended a landlord tenant law update presented by an attorney, sponsored by Keller Williams.   

It could be to compensate for the higher risk that condos present. 

Ask the broker to present to you past deals to get a sense of how those looked and if they meet your criteria.

I have a big chunk of cash saved that I need to put to use, but I'm having trouble determining the value of a new build vs a more traditional deal just buying a rental and rehabbing.I've been presented with an opportunity from a builder to build a new duplex in an area which can be used as short-term or long-term rentals in Knoxville, TN.The builder is a rare combination of fast, cheap, AND quality, and has written a "cost-not-to-exceed" clause into the building, so it's an extremely competitive build cost (details below).The deal would cash flow very nicely, but it would force me to leave a chunk of cash into the property.Here are the numbers:duplex: each unit 2:2, 900 sq ftTotal cost of land, 1.2 acres (This is already leveled, excavated, and prepped for building): $80kMaximum build cost: $252kTotal cost: $332kCash in: $67,000ARV: $350kApprox cash flow: $800-1,100So, again, how does this compare to a typical buy/rehab?

If I were you, I would present the lending opportunity to my network and ask them do they know anybody who would be interested.