If you paid 563k and did not make money yes thats a problem.

I like to make money on real estate not just buy it to say I own it.

As others suggested you could also lend this money out for 10-12% and make your money that way and not put yourself on risk on the asset.

but it's not a mailbox money / cash flow situation.

If you want to make money you hustle and hustle and hustle. 

You’re paying big money to target people who explicitly want to hold on to their homes, all in the hope of convincing them to sell.

Sometimes I am willing to put some of my money in because the deal is just that good.

Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.

You didn't make any money over the 10 years you owned it?

U can target any real estate  although its quite robust for what your looking for.. we go for land and development land for the big money plays