I am sold on keeping the property, I have a great interest rate, and was just listening to the radio and it mentioned that the Fed is raising rates. even at 10% I can cash flow positive, I am just missing the additional support element.

This may include an out-if-chain document.2) Claim of Right - this is the 'squatter's rights' method of obtaining title to real estate, originally intended to put fallow agricultural fields to productive use.Both forms of acquisition should be considered the "tools of last resort" and require a minimum of five elements, including the payment of property taxes as well as trespassing.Back to vacant lot:Last weekend a friend invited me to visit her project - a house that she's building on Newport Beach, CA's pricey Lido Isle.

It adds an extra element of complexity to the process (now you have to negotiate buyer-side commission as part of the deal). 

Any property should be offered fully functional, and properly equipped with at least the most basic standard elements.

If you have these elements then your business is now: weekly status reports from contractors + periodic inspections, daily review of deals from your network, and reporting success to networks.

If you set an oven on broil the element on top goes on and browns the top of the food, if you leave it on too long it burns. 

You missed the most crucial element.

Getting a payoff via refi or resale without the distress element may be a better course of action. 

All markets have both investment return elements and it maybe the investors expectations of time to account for the one that fits best, so not really a right or wrong deal vs what is more profitible over long hauls. 

I'm in my element when it comes to creative financing.