There’s a lot of sage advice and at least one less than constructive admonishment here, but your choices seem to be simple, dig into the numbers and figure out the problem or sell to recover what you can.Simply selling may be the easier way out, and may be the best course of action, but you won’t learn as much.

@Julian Sage currently I am taking an estimated gross rental income and subtracting out mortgage, taxes, hoa fees, homeowners insurance, utilities, and cable/internet.

They use an online system called SAGES. 

Account Closed Well, an assignment to their living trust sounds more legitimate/sage than a wholesaler assigning to some random buyer.

But you need to educate yourself on those aspects of asset protection, & the resident 'sage', Bill Gulley has written some great pieces on BP re: maintaining the legitimacy of the LLC to avoid 'piercing the veil' per se.Good luck

In this case, there were not enough, but did have MLS Comps.Let's take this home for example:#### Petseri Park, San Antonio, TX 78251•Listing Price: $194,900•Age: 2 years old•Bedrooms: 5•Baths: 2•Living Area: 2,766•Lot Size: 8,067•Type: Single Family Residential - two story•Garage:2*** BOA's Estimate Range $177,450 - $212,550•BOA's "This Home Estimate": $195,000After CMA sift:•CMA #1 - 8935 Deer Park, SATX 78251 - A 4br 2ba Living Area: 2,641 sq. ft. home - Sold for: $93K on 08/31/2012 (THIS WAS A FORECLOSURE - BOUGHT @ STEPs - CMA - NO GOOD)•CMA #2 - 2411 Sage Hollow, San Antonio, TX 78251 - A 3br 2ba Living Area: 2,337 sq. ft. home - Sold for: $232K on 08/31/2012 (ONLY COMP THAT CAME CLOSE)*** Zillow's Zestimate® @ $193,856*** Tax Appraisal has it at $201,970 (last few years)*** Trulia info •Average listing price for similar homes is $196,983•Average listing price for all homes in 78251 is $198,440•Averages: within 0.54 miles homes avg. price at $196,983 with an avg. of 4 bedrooms and 2.83 bathrooms @ approx. 2,582 sq. ft equaling $78/sq ft. with an average build of the year 2006.*** MLS CMA last 6 MONTHS @ AVG $208K - Also MLS statistics show price/sq. ft. @ $71 (actually up from 2011 @ $67/sq. ft.) = just over $196K for this Subject Property.In our case this HOUSE was BASED on a NUMBERS RANGE FROM $194K-$208K - AVG. $199K (DID NOT INCLUDE OUR BOA COMP - REMAINED CONSERVATIVE)•LOCATION: EXCELLENT•SCHOOLS: EXCELLENT•CONDITION: EXCELLENT•PRICE: EXCELLENT•AREA AMENITIES: GREATIn my opinion, this house should be marketed at 5%-10% below my estimate which should range from $179k to $189kTHE AVG.

Hi everyone, I'm looking for some sage advice on the re-developement of commercial/industrial buildings for the purpose of re-zoning them into multi-family apartment buildings.

I like involvement in fixing things up, there's something therapeutic and satisfying to me transforming something, even small things, or getting something to work again.

So, not only did I get almost 100% financing (I have to pay 2 pts and closings costs), I also get the sage advice of a guy who has flipped more than 500 houses.There isn't a bank on the planet that is going to suggest to you how to run your deal.

Here are some of the SKU’s we used:Material list (Interior) –Wall and Ceiling Color – Silver Sage (UL 210-8)Trim Color – Fledgling (MSL 198)Door Color – Elephant Skin (UL 260-5)Flooring – Eagle Peak Hickory (146-654)Carpet – Arabesque (1000-019-537)Interior Doors – Jeldwen Continental-Style (729-608)Bedroom Lights – 13?