While I will still lose money on it in the long run, I'm at least breaking even on it monthly and no longer have the headache of it. 

It is currently rented, and we are bullish on the building and plan to keep the unit in our portfolio.

Can they prove how long it takes to rent a vacant property?

I've seen VA loans close with backend DTI ratios in the 60s and low 70s.VA loans can be used for multifamily purchases with 0% down as long as the veteran will live in one of the units.

I assume you know at this point but in general, the goal is the screen for a very good tenant and keep them there as long as possible.

I'd sell because you are reaching the time when you lose the cap gains exemption and that $24K would take over 2 years of renting to get back.I had a condo that I owned for a long time and I sold it despite it being paid off and having long term tenants. 

Hello everyone! My name is Dillon Seal, and I’m excited to join this vibrant community as a new real estate investor. I am keen to learn from the experiences of seasoned professionals and collaborate with fellow inves...

Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.

Strong agreements that protect your position in the deal, and recording a Memorandum of Option with the county will go a long way to protecting your interest. 

@Olivia Blake what you are running into is a tenant how has been a long term tenant.