I let my agent know that I don't want to lose the house equally as much as I don't want to keep the current tenants, but if it comes down to closing with tenants or walking, I'm going to walk.

You'll be losing money.The only way this might work is if you were househacking and someone was covering your living expenses -- partially -- and then I don't think it's a terrible idea if you live there for several years.

You may lose a large sum of money because of this problem, but you aren't beaten.

I put my money in the coin slot and at that exact moment my body went stiff as a rock due to the ear piercing screech that went across the coming from what looked like an air plane but it had no color just the shape kinda like an airplane shadow.

As soon as you turn it in to a rental you are going to lose your chance to save that $12k in taxes.

And yes it is a lot of work, but it's not about the equity, it's about the overall value that you could lose..... 

There are plenty of people that do not purchase investment properties or stocks because they are trying to time the markets and end up losing out a lot of potential gains over the course of their lifetime. 

But you also have to compare the benefit of taking depreciation and expense on a couple of the rooms and losing the primary residence exclusion of a tax free sale - but you could still 1031 the investment portion and defer tax. . 

She calls this her "use me and lose me" service for people who self-manage but don't want to hassle with an eviction.Not sure if there are any property managers who do similar work in your area.

Had unexpected issues come up during rehab and the market didn't respond like we thought it would Bought it 50/50 with a partner we'll lose a few bucks each on it.