It is surprisingly common how often a review of the court file reveals a fatal error made be the complaining party such as; improper Service of the Summons and Complaint, Statute of Limitations, violations of Fair Debt Collection Practices Act, Lack of Standing, Past Payment of the Debt -in Part or in Full,  Fraudulent Claim of Debt, Actual Discharge in Bankruptcy, Mistaken Identity, etc.   

Gamble to make a bit more or go with the given and move the house ?  

Way too much of a gamble.

Few days back his new fixer a.k.a Chief Operating Officer Ron contact me to address allegation of EB fraudulent activity.

Otherwise, it sounds more like gambling than investing.

The fastest way, which may be a gamble, is to buy and flip.

You mentioned fraudulent checks (like he was handy with a computer).Did you actually see his license?

Buying for appreciation is also a terrible gamble especially when we just passed the peak of the market.PASS on this "deal" it is no deal at all. 

And just because it is not cash flow does not mean it is gambling or any more or less valid or profitable. 

Downtown now has a large gathering area with an ice skating rink, a gambling casino, condos galore, shopping plazas and restaurants all around the Rock-n-Roll Hall of Fame, and even the flats now has a new design.