Breaking the chain sooner rather than later – if you get a new property manager before the lease expires they can get familiar with the property and help you out with suggestions, etc – rather than waiting till the end and then making the same mistakes again
Depending on the growth in the area and how you can then use this in future purchases should give you an indication on whether to sell – if you can get great price for it then maybe it is time to cash-in and make a new start – maybe research the market first to find out what is right for now but having one property is better than none,
THe question is – can you develop any of the land yourself or can you go into partnership with a builder to develop the land. that would be one way to reduce the gap between income and expenses in the long run and maybe not have to share too much cost in the short term.
Although the internet is fast – the best ones are taken by people on the books of real estate agents or by people who wander in and talk to them – they mostly don’t make it to the internet (not anymore)
i think there are always times when one option is better than the other but it depends what your timeframe is and your budget – various asset classes can provide different methods of obtaining wealth