I'd focus on the big 3: housing, auto, and food. 

Free to attend and food is included. 

Free entry and free food and drinks.

So at this point, I either sell at a one-time, bigger loss,  or keep renting it out and take smaller losses every month until the market recovers. 

(Luckily, your premium hasn’t gone up that much, so you were happy with that situation.)Then imagine that one morning you get a call (the property is on the other side of the country from you) that there was a fire, and the tenant claims that it was a wire in the attic that the FD found to have been chewed on by a rodent that caused a short and led to the insulation catching on fire… total loss, except exterior walls.You file a claim with your insurer.

We ended up going way over budget and turning it into a single family residence and selling at very little profit due to loss in labor.

“Core” inflation (excluding food and energy) also slowed to 3% annually, thanks largely to easing shelter costs, which make up over a third of the CPI calculation.📊 Bottom line: This is exactly the type of report the Fed wants to see before lowering rates again.

The property sold for $75,000, resulting in a loss compared to the total investment of $80,000.

Sometimes there are solutions before selling (refi, long-term rental pivot, rate adjustments), but if selling ends up being the best path, I can help you structure it in a way that minimizes loss and gets you out from under the property as smoothly as possible.Feel free to message me if you want to talk through it.

When nobody redeemed, they just cut their losses and quit paying the taxes and it went through a second auction.