Good discussion and tough decision. Likely he should not have bought it in the first place as the numbers don’t work. Or maybe he should have made a larger down payment to ensure positive cash flow, even paying all cash if needed. It is so painful to turn around and sell if you haven’t added a lot of value, so I hope his salary can cover the negative cash flow for a while. Buying something that doesn’t appreciate or generate cash flow is not a good financial decision. Real estate is a wonderful way for regular people to get rich, but you have to know what you are doing.