There are too many ways for it to go sideways and only one way for it to work (you stay on good terms with your ex and everything goes perfectly with the house, you split the proceeds fairly when you sell).

I’m fairly new to the BP forums and BP site in general, But I have been very active on the podcasts and books stacking education and knowledge in the real estate field. 

I guess it's a testimony to BP that you're asking a bunch of strangers what to do with $200K.  

I think it is fair..

I had the PM get in touch with the contractor and he addressed the "issues" fairly quickly. 

I've bought a bunch of houses right off the MLS and they've all made me a good deal of money.

That being said, In order to successfully invest in the city of New Orleans you must have a fairly deep understanding of the city.

To be fair, I've never actually met anyone who says they've had a note called for this, but it is clearly in the loan docs and is the right of the lender to do so, should they choose.Cheers!

However, if you ever want to replace that home, you'll have to move it off his lot.I would consider appraising the vacant land and trying to cut a deal that's fair.

I am fairly new to investing and my wife and I are looking at buying our second property.