About ten years ago I brought my first home in my hometown. Its a small mining town and I originally brought it for living in. A couple of years ago now, I moved to Melbourne to experience The Big Smoke. I have tennats in my house but the income from rent is higher than the taxable costs but lower than the loan repayments. I pay $50 each month to the bank to cover the repayments but at the end of the finicial year I have made a profit. I feel like Im paying both the bank and tax man and not having anything leftover. On top of that, the main reason I didn't sell when I moved was that the value of the house has droppped to nearly half of what I payed.

My main question is what would most experienced investors do in this situation? Increase, lower or leave the rent? and just other general advice people are willing to share.