It doesn't have the immediate cashflow that flipping does but it will help you get to where you want to go.

Going to property tours inspired me to obtain my real estate license in the state of Georgia; and look further into property investing and helping others achieve their real estate goals.

It was off market, I paid a local bird dog $20k for helping to get it to the close and even including that $20k at market rate it met the 1% rule.Today my underwriting would not have a 1% ratio with 80% LTV as positive cash flow in class C.  

I hope your attorney can help you and remember to stream your energy to find the next deal yourself so you can cover this loss; this is the most helpful way to let go of that feeling of being scammed.

As explained above, income from the financed portion of the property in an IRA would be taxed as well, but you can deduct related expenses, including depreciation, to minimize this tax liability; that is why I recommend a discussion with a tax expert to understand what your numbers would look like.Hope this helps!  

I will be lowering the asking price and seeing if that will help in the sale of these properties.

I hope this helps, thank you.

Thanks for the help! 

That will start to help form your strategy.  

And, perhaps most importantly, make sure you have access to flexible financing options that can help you adapt to new market conditions.