If they don't make sense, you must know how will you subsidize the negative cashflow?

However, it can turn negative in a hurry shouldA.

With negative cashflow, I wouldn’t bank on appreciation.

Hello,I have a long-distance rental home that is NOT in a good location and is worth less than my mortgage balance of $60,000. My listing agent suggested two options:1. Sell it to the investor for a bit below $40,000 ...

If I pulled out 70% of the ARV, the 2% rule is shot and I'm negative cash flow.

The margins are a little tighter but there should be no way your coming up negative. 

Case 2: I want to maximize my yield and build wealth as rapidly as I can, without taking crazy risk: In this case, you can refinance the properties, likely pulling out $100K+, and use that as the down payment on multiple additional properties, or larger multifamily properties in your area.This would increaese the effects of leverage on the portfolio (compounding returns positively in a growing economy and negatively in a recessionary environment), but over time be highly likely to build more wealth, faster, with some added stress and the need to more closely  manage operations in a much larger business that in initial years likely won't produce as much cash flow. 

Less than that and you are likely to lose money every month (negative cashflow).

One mistake many make is not taking into consideration the opportunity cost of paying rent elsewhere, and just see the property as negatively cash flowing. 

I was personally willing to eat the negative equity associated with adding an ADU to my So Cal home, but the thing that stopped me was the prospect of having a tenant live on the same property.