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system
sell or keep rental property?
user
how is the current mortgage payment broken out? i have a mortgage on a rental property with a payment of $775, but $600 is principal. if i were at breakeven on a sale or a bit underwater, i'd be better off just holding still, the tenant paying the loan down over $7000/year.  you question is a good one, but a good answer would require more details. a bank may not agree to a short sale on an investment property, especially since there's a second property to go after. i'm not making a judgement, just saying, it's not a slam-dunk to just short sell it.
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