So here’s my suggestion:  raise the rent to at least make $200+ over the mortgage (according to the deal analysis) and if they are willing to pay it, just hold on to it for a few years to, hopefully, let values continue to rise and see advantages from the improvements that may be happening soon in the area.  

Property crowdfunding in the UK has great potential to flourish even further as it continually shows stable value increase and good HPI results.

Thank you to all of you who commented and continue to share your thoughts on this.

I'll continue to look on my own until closer to when I can actually close. 

But all in all i will continue looking into it.

Our intent was to not renew one tenant who was month to month, and paying well under market, move into that unit and then continue to rent to the other existing tenant. 

I charge that $50 to the tenant and they have to reimburse me or I continue with the eviction process.

We are all in this journey together – and I look forward to seeing you on the forums as we all continue to help each other grow.

I would say that the case could be made if you had a change of job, but not if you continue working at a remote site.

Some tax pros prefer to continue issuing 1099s anyway to be on the safe side.