Hi Alf! We have been in a similar position to you. 8 years ago we bought 2 units in a town north of Brisbane. In that time, they have lost their value by about 30% and cost us $3500 p.a. each to own!. Since learning about wraps, we have recently wrapped 1 unit, taking a small loss on what we paid, but at a price above current market. We also were able to get our weekly payments up from $130 (rent) to $160 (option licence fee) as well as the new purchaser paying $35 p/w for outgoings. We have now moved from a negative position to breakeven which is a relief, plus we have a buffer in the price which is good if prices remain depressed for some time yet. We expect to wrap the 2nd one when the lease expires later. So you can sell outright, take a loss and get on with things or maybe wraps will work for you too. Regards John.