We’d strongly prefer to exit with at least a break-even outcome, or pivot to a hold strategy that preserves the capital and gives us another shot at resale in 2026 when market conditions might improve.Property OverviewAddress: 2326 Mark Trail, Decatur, GA 30032Purchase Price: $198,000 (Sept 2024)Financing: $248,900 Hard Money Loan (HML) — extended until Sept 23, 2025Monthly Holding Costs: $2,800All-in Costs (w/ agent fees, holding, rehab, staging, overages): $354,174Originally a 3 bed / 1 bath with a bonus room.

Feel free to reach out if you need help breaking down a deal or want guidance as you move forward.

The states that I know require you to try to mitigate your damages if a tenant breaks a lease early.

@Kiara Colon Thank you so much for the warm welcome and the incredibly detailed advice — I truly appreciate you taking the time to break everything down so clearly.

When I asked how exactly did their software locate "vacant" properties she said she didn't know because that wasn't her area of expertise.I pulled them up on the BBB website and the good news is they are listed as having an "A-" rating.

https://www.liverpoolecho.co.uk/sport/football/football-news... 

Ideally, I was trying to sell the first and essentially break-even selling the second by utilizing the funds from the first for anything due at closing. 

Signing a full 12 month lease is possible, however, they may likely break the lease and your ability to pursue them for the damages may vary depending on state statutes and local city ordinances.

In both Florida and Georgia, dropping your homestead exemption means losing the tax break tied to owner occupancy.

I like it because in the future you can break off individual properties and sell them and either do another 1031 or pay the taxes on that smaller % of your larger initial 1031.