page=5#p736398I hope you can unload your turkey back on that operation that sold you such a turkey.

It is just an "Income Stream" for me, not some brick, mortar and lumber building. 

like it does for us on the west coast.. then I just paid for a lumber pac on a 2k sq ft home  46k JUST FOR THE LUMBER.. 

WOOD and CUT are the big lumber ETFs....

If it happens to appreciate and/or rent goes up over time, cool.Texas property taxes aren't nearly as sexy as our Prop 13 here in CA from what I understand of Texas, so that would be the only thing nudging me to unload it, depending on how aggressively the "we don't like taxes, this is Texas!"

If you want to truly solve the problem of a seller who is trying to unload an undesirable property, help them find a buyer who will give them a legit price.

After I can land some deals, I know that in this market it should not be too difficult to unload to an end-buyer.

This is a result of the previous owners and the bank should be happy to unload the non-producing asset and move on.I know in Ontario the rules of power of sale are very clear.

Then if you are 10% off on estimate (which even with perfect lumber prices and everything you CAN know, how many times has a flip been perfect?)

However, you can compare a basic good like a 2x4 piece of lumber over time.