I'd think about the proximity to these activities before spending any money. 

But if it feels like it's bleeding you dry and you are in a place to hold it to wait for either rental rates to go up or for the appreciation to build a bit more, then yes, I'd go ahead and sell.

More than anything, I imagine it's a game rooted in persistence and casting a wide net.

I'd appreciate any feedback you've got to give as I can only learn!

I'd like to know the cost of building the townhome pad ready to set 8-10 new townhomes.

I wouldn't recommend the agent I'd used.

Plus I'd be handling the day to day as well as leasing.

I'd have to double the security deposit, raise the rent by 20%, and double the cleaning fee to even make it worth considering-- which I would if people were willing to pay but the market doesn't support those prices.

@Jake Healy You got some solid responses on your posting so far but just figured I'd add mine to the mix.

Hey Zach,I'd be happy to talk to you about your rehab plans.