The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You may find $100k properties that provide meager cashflow like $300/ month on paper but in reality they will be paper tigers.

And the reality is the lot is NOT split, and the real cost in doing so, the impact on cashflow and the risk to my loan make it an untenable effort unless I planned to sell right away. 

@Jean G.The reality is: it dependsIt’s a numbers game where you need to first determine: what yield do I want and what are the outcomes/ risks involved that could impact thatBuild yourself a financial calculator to understand this but also understand you need to know every process and how much it costs and how long it takes90% upb on a commercial property in a non judicial state with equity and default interest at 15% is a great deal but take that same asset in another state which also has long eviction laws and it could be awfulLastly bankruptcy could wipe out some of your lien depending on the type and how the loan was written.

The whole reason FHA developed a short sale method is to reduce the loan balance down to reality, down to what the home is worth, down to the value of the collateral at the bank accepted. if they had the cash, they wouldn’t be behind on their monthly payments.You're right I overlooked that part.

.- Jasper / Pat AboukhaledTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Hey @Luis Puente - the reality is, the answer depends on you. 

It say the peak season is March when in reality it is July/Aug.

That is reality because the receiver of the info has no skin in the game, nothing to  hold them to the "advice".

The reality is the land has value. good luck