I own a 4 unit apt building in a growing LA neighborhood that I bought right.. Been having a few problems with tenants, so we will be pursuing an eviction and re - rental on 2 units. This obviously mens we will be cash flow negative from this property for ~ 3-4 months best case scenario.
1. I can sell the property now and profit ~ 20% , should I do that and re-invest in another cash flow + assist from Day 1 ?
2. Rent control in my area will always limit appreciation of the build regardless of cash flow, wise to consider potentially less cash flow or cash flow neutral in a non-rent controlled neighborhood and bank on appreciation ?
Thank you