So in your opinion, it is better to stick with the broker that has already proven to be ineffective? 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

Chris,I tried to make some updates to my post to recognize your place on Ashley Phosphate and note West Ashley but I can't make an edit after a certain time. 

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

I am a little confused, because if I can recognize that I made a bad business decision/investment and the market is in my favor to get out to cut my losses or even get out the hole I dug, why must I give up?

Be careful who you use as a contractor I had to fire my first contractor however I'm very thankful that I recognized when to fire the first contractor I did not give him much time after he passed his due date, and the flip still worked out with a 5 month time frame from purchase to sale date!

Many properties have been sitting on the MLS for 90+/120+ days now where sellers recognize the market has shifted and may be willing to negotiate a steep price drop if you can pay cash or the equivalent (hard/private money).2) How are you financing?

Another way to look at it: properties in your name are about the LENDING from a bank NOTHING MORE, it is not about how you recognize the income and expenses

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.