Well, we still can't sell the second house and it's costing us about $3350 a month. The best we can do is rent it for about $1650 in the local market.
But doing so would mean we have to take it off the market for a year - guaranteeing about a $1650 loss each month.
With our current circumstances - I'm a bit nervous about my career at Big Company - it would help us reach cash flow bouyancy, however, if I lost my job it would still leave a painful expense.
I'm going to discuss with my realtor what we can do. As the house has been on the market for more than a year and there is no substantial improvement in the market, I'm leaning toward renting it out.
What would you do?