I don't have any holdings and no preconceived notions on what works in town.

It's not uncommon for properties in bankruptcy to have no mortgage on them whatsoever. so if there's no mortgage on this property then disregard the notion of a short sale as it is not needed.

Hello,New to this whole notion of real estate here and trying to learn.

If I ever get the notion to paint a lawn, I only hope someone will feed me good meds and lead me away from my misery.

If you planning to be an investor this is probably one of the smartest moves you can do: you will not only save money but will learn a bunch of things about the market along the way.The notion that FSBO people gets lower prices is a myth cultivated by the industry.

Had some post-college debt-demons that strapped me for cash, and numerous other excuses that caused me to never give enough thought to the notion of Real Estate Investing for wealth or income.  

Let's entertain the notion that the Bay Area has zero appreciation and see if it still makes sense."

@Joe Fairless, I'm leaning towards this notion of hybrid buy and hold. 

Can check with @Jeremy Santy and @Waylon Brun also.

This will help you learn faster.Do an honest self assessment of your skills, resources, fears, thoughts, preconceived notions.