I'm also open to recommendations of other community spaces that I can engage with specific to the Phoenix area. 

If you're not open to that, I would hold on to the place long-term or sell the property at land value not including the yurts, hot tubs, etc.

Sellers should also be open to alternative negotiations and market timing to maximize property value in shifting market conditions.Buyer Strategies: Buyers should explore off-market properties, distressed assets, and opportunities in gentrifying areas.

I think since it's personal and you're the only owner, I would open a high-yield savings account and get 4-5% on the money.

I opened a business checking account with Regions.

That allows me to show ROI from both a cash flow perspective as well as total ROI (cash flow + debt paydown) when compared with the estimated equity.The results were eye opening... there's a few on there that I'm likely selling off as a result of that exercise and a few others I'm going to do a cash out on.

However, if I tried to sell this note, I might have a difficult time doing so because there is no open market for selling notes and adding the fact that the note is in default, I might have to discount the note if I wanted to get cash for it.

Why do you think this will do well when you make it look nice on the open market and disclose it's in a flood zone and flooded in the past year?

Mainly SFH in the 2-4 bedroom range, open to a duplex if the price is right.

It's a virtuous cycle that expands your network and opens doors to even more lucrative investments.One of my key principles as an investor is to provide attractive returns to my partners.