However, let's say you paid the property manager $20/hr for 40 hrs a week, that's 3200 a month...which means I'd need 8 properties cashflowing $400 each just to pay this person...then I lose out on all my cash flow haha, so obviously that's not the answer.  

You used a private loan to ensure you didn’t lose a deal?

What do you have to lose? 

It’s probably cheaper to keep it inactive so that you won’t lose your license.  

Equivalent rent I could get for the entire place:  $2500ishOther notes:Appreciation: always speculating here, but the DC area is growing fast so I don't think +3% on home value and rent is unreasonableGiven the above numbers, i'm losing at least $300 a month right out the gate, but will have some appreciation.  

You lose control and efficiency when managing remotely. 

If your are spending 100k to get $1000/month in rent you are losing money.  

People crush dreams and will find a way to make you lose your nerve and this is a tough business .

I’m so excited to be a part of the BP community and getting out of that rat race .This is where I’m at -I’ve been working for the federal government for over 6 years now .. and I’m about to lose my mind .

But the purchase price was also 400k and there was a lot to lose, with little room to escape.