Otherwise they will continue to pay yearly taxes and maintenance costs, and not be able to foreclose the property as it will sit here leaking and falling apart and the mold continuing to spread.

So now I am stuck as I am not able to recover the money already spent to continue the project and I am concerned that not only this project is going to cost more morning but also my profit margin is shrinking as more time passes by to pull permits and now a can of worms has been opened not sure where to go from here.

It has worked for me and my family and I will continue to look to buy similar properties in similar areas as opportunities rise.I'd be happy to continue this conversation. 

Wishing you continued success!!  

It is also growing so fast income would be welcomed because values continue to rise.

While I continue working on deals myself, I'd love to get first-hand experience in the realm of syndications and was hoping some people would be open to connecting and discussing their experience further.

To minimize my loss, I want to make sure that section 8 continues to pay me while she is in the unit till I get her out. 

Continuously learn and adapt to market trends and real estate laws.Good luck!

We also like to sit down with the current manager and go through everything related to how they are running the park (collecting rent, problem tenants, sales of homes, marketing efforts, recurring maintenance items, problem areas in the park infrastructure, etc)Compliance - this includes everything related to city, county, and state compliance to continue to run the property as a park.

If this trend continues as we move towards the end of the year I think we will see more price drops than we already are.