We tried the long distance rental thing with my husbands pre-marriage house in Philly.

It sucked. Big time.

I’m not positive that Temecula/Murrietta will regain that $100k you lost anytime soon. If your horizon is more than 10 years… maybe. But how long do you want to hold onto something that is worth less than you paid for it… in hopes it comes back. How would you feel if renters trashed it?

I agree that you need to look at this from a strictly financial point of view. I don’t think it makes sense to hang onto it.