I think I will lose more money if it has to sit vacant for one or two months.

Additional credit lines or savings or something if a tenant loses a job and/or other unforseen problems pop up.

Now my tenants are moving out and I would like to dump it because I lose money on it every month.I owe about $190K on it and my realtors believes it is worth about $205K.

This is amazing since my LOC is at prime, 3.25%.Even if the market rallies in the fall we are most likely in a long-term bear (imo) and not losing is earning for me.Changing percentage of stocks, taking profits slowly.

I rented to a lot of section 8 in the past and even though the income is good and steady from the government once they lose their housing or trash your place then you are stuck chasing them.

When doing my analysis of a property, rental income is easily verifiable as well as property taxes, the cost of insurance, etc.

This will allow us to run plumbing easily as well as add a sunk in feeling for the master bedroom.

Its not a problem when its with you, its a problem when you lose it or someone steals it.

We could easily take 35 non-accredited investors in our fund and beef up the filings, disclosures, etc.

Future equity is intangible and many people who are losing their homes have been burned by the very same "strategy" you suggested.Originally posted by Nathan Emmert:Sorry, just trying to figure out what you're doing.