Property is sold the day it hits the marketplace and I am yet to find discounted property for sale to satisfy the 1% rule.So how do seasoned investors make money in this sort of rental market?

What sort of real estate investing are you looking to get into?

This can eat into any sort of profit really quick if not planned. 

The property was bought for $100k in 2017 (cell B3) and sold for exactly the same in cell B19.This is what the Analysis tells me:Because the 15 year fixed rate mortgage reduced a lot faster than the 30 fixed in the example in my previous post, the Mortgage Balance in Cell B20 is at $32,827 instead of $64k.When you sell the property 10 years later, you receive $57,173 from your investment of $25k.That gives you a decent return of 9% IRR (which is sort of the equivalent of 9% per year for 10 straight years).So the answer is YES, you can have Zero Appreciation, Zero Cashflow and still have a decent 9% IRR !!!!!

One thing you might consider doing some formation of some sort of corporation or a LLC.  

They look like they are for ventilation of some sort?

@Dan Bowen  At 15,000 sq ft, it looks like it wants to be an corporate event / retreat center, church or some sort of training center. 

The renter now claims COVID problems on his income and he has not been able to secure any sort of financing to make good on the "OTB" agreement.

If you have actually not sold yet, you should be using some sort of dynamic pricing tool.

You will be constantly putting out fires without any sort of system.