It crosses my mind some days to just sell it but another home would be just as much so not much gain. 

In addition, the more creative real estate finance minds aren't handling these smaller loans.

There are some discrepancies in regards to the time value of money and I'm hoping you will go over the book to get a really good feel for it.Once you understand all of these concepts, you will really understand investing.There is a lot that goes into the projections, however.Keep in mind that once you start thinking of the future sale price and the future cash flows, you start to think, HEY.........

Hey everyone, I always get excited talking about real estate & I'm excited to have found this community of like minded individuals.

The thought had crossed my mind but nothing serious.

Rent was earning me $950/month and was paying 12% on property management since i live 3/4 of the country away...Last month i owed 34k on the loan still, but the last comparable property in the same property area sold for 139k prior to the fire, with the townhouse being rebuilt new here within the next year, i expect the value to increase with the updates in the rebuild...Just wanted to get some input on situation, im financially able to cover this $505/month easily, but i feel like there is something i could be doing to offset this and figured the creative minds on here would help me out.

If the HAVC stops working it will be hard to sell since it is summer.Keep in mind that you are making the mortgage payment on the property while you are looking for a buyer.

On a side note, this activity boggles my mind.

I live in Pembroke Pines, FL and am looking forward to network with like-minded people in the South Florida area. 

I would keep building slowly if it were me keep in mind that selling with an agent would cost you 6% of the sale price, you would also want to do a 1031 exchange to minimize taxes which makes the process more difficult because you will have a time constraint to get everything sold and buy something new.