My cash flow will continue to increase and in a few years I will have cash flow that cheap markets can only dream aboutUnlike most responses, I believe there is not enough info for me to state an opinion on keeping or selling your existing property, but $800 negative does not necessarily imply to me that it should be sold especially in a market that has appreciated 35% in the last year. 

Some places have pretty cheap housing and maybe even free housing in smaller or more rural cities. 

Cheap is not always better. 

Even back then there were a lot of high rise hotels where you could get a decent condo-style room with hot water, cable tv etc for really cheap ($15-20USD/night).

Additonally, purchase price points are cheap - you can still find $120k-$180k deals here in Columbus.

My out of state clients are successfully BRRRRing and flipping here and are purchasing deals at a very cheap price point.

Orange and East Orange are probably tempting as they're cheap but again, bordering Class D with crime and drugs.

It got to the point to where I just could NOT listen to DG/RA - it sounded like 2 buddies in a dark cheap bar with a weird sense of humor making jokes back and forth that only they got.

I have learned to get a cheap maintenance person and have them buy the good chemicals from A1 Able and spray it for you.

You could still get cheap stuff and cheap labor, and rents while low still resulted in about a 25% return.