If you ultimately take the property the extra years of taxes that accrue can eat into your profits or even cause you to have a loss. 

Unfortunately, due to an unforeseen event, me and my friend are no longer able to attend, but our loss could be your gain!

Question to this @Albert BuiUnder COB exclusion to bypass the 50% LTV restriction:- you have paid the mortgage for atleast 12 monthsWhat if you do a subject to and backpay 23 months of a loan that is currently in a loss mitigation status.

What percent of GPs making capital calls will actually manage to minimize losses vs GPs that end up loosing all that money too for the LPs? 

Your options would be to sell it, and most likely take a loss on it as you also will have closing and realtor costs involved which you can assume that would be 10%.

I have 0 faith in them and seriously considering voting for the sale at a 62% loss of equity. 

If your going to loose you can take a loss or re fi into 7-8 percent dscr loan and hold for 5 years or so that is what I am seeing with the prepayment.

If your SPACE is considered as residence SPACE at the time of the sale, then your former business usage DOESN'T affect your gain/loss calculations, unless you took or were allowed to take depreciation for use of your home for business or rental purposes. 

@Jay Levy that's a lot of asks and is too much to type.So, here's copy & paste from our website that may answer some of your questions:-Robust Tenant ScreeningA bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

If you're still using "rules" to bid on properties , especially in this price range, you're destined for a loss.