If they pay by the court date plus the court fees, then I’ll drop the case.

This will also give the maximum possible money at a lower rate and refi the same property again if interest rates drop substantially.

I know a lot of arbitrage hosts who aren't continuing and actually dropping these arbitrage units.

@Jonathan B.On a reverse mortgage no, but if it’s going to foreclosure then it’s typically because it’s upside down / under water or there is no heirs.You could call the attorney and ask if they will let you know what the opening bid or payoff is on the property or do a case search on the county website and see the complaint as that will typically tell you the amount.

If I just go by AirDNA, the difference is not much in annual revenues.Thanks,AnkurA pool will get you on average $75-100/night in addition to normal rates (I think this number is dropping due to additional saturation of pool cabins).  

I am sure properties on the water have lots of potential. 

You can lead a horse to water, but you can't make it drink.

So my question is based on the lackluster response so far, when would you recommend another price cut and how much would you drop? 

I'm basically at water level on this, and I don't know that other investors could make this cashflow any more than I could without me selling at a huge loss. 

I had to make choices and forego things I could do: like going out to party with girls, drink 7 days a week, smoke weed, drop school and never open a single page of any meaningful book, leave alone educating myself on wholesaling RE, while I was going to school, constantly reading books and learning new things.