The appraiser may call this functionally obsolete and deduct for the impairment.

Hey Kurt how's it going thanks for the reply I am visually impaired that is what i receive benefits from but it's not enough for the cost of living here so i will try anything that will help my problem

The discount to fair market value is the key factor.So what is the value impairment for a $5k judgment?  

I am somewhat cognitively impaired when it comes to paperwork- hate doing the stuff, and it seems to hate me.

You need to perform due diligence to see if there are property or site impairments that cause the price to be lower than expected.

I don't think it will impair your ability to rent, or sell to another investor.

Avoid or ameliorate the impairment of the distressed homeowner’s credit resulting from the recording of a notice of trustee sale, the filing of a petition to foreclose, or the conduct of a foreclosure sale;ix.

The "Group Home" designation in Austin, under the residential use, has several federally mandated fair uses- -- day care, assisted living for the elderly, disabled, and mentally impaired, etc.

After years of reading books, articles, forums, listening to podcasts, youtube, attending seminars and webinars, I've made myself (credit score) attractive to lenders and have been approved for a first time home owner loan, FHA.I've been obsessing over my local market for over a year and now that I can actually participate in it is exciting...so much so that my judgement is periodically impaired by emotional enthusiasm, luckily however, all the previous education has enabled me to level out and think critically on the numbers and locations.The problem I face now is that all of the properties currently on the MLS are all the leftover scraps that have forever remained on the market and are terrible choices in everyway.

As you know, the bank has likely already set up a very conservative impairment reserve on the asset and may well take 125K and move on.Watch the water bills on the MFs if not separately metered.