We contributed the same in seed money as my friends In that deal.Swanny Understandable.

The most humorous part about this deal was the walk thru was done with a local realtor and the 55 year old son was IN the property surrounded by pot seeds and beer cans...

I being a teacher here in San Diego for a Catholic School and a Community College too, am I life long learner and from 2011-present have soaked up so much information from experts in the area of creating wealth through real estate, realized my return on equity was at a minuscule 3%.

By "boiling the frog" you may be able to make this one cash flow somewhere down the road and in the meantime take the loss as a business expense and soak up the equity until you can get it sold or refinanced to take some money out on the back end. 

As David Greene once said that money should be viewed as a seed to plant.

I repeat until I start spending only the profits (I never spend my seed money...even after it grows), but I continue to re-invest the growing seed money.

We recommend the following service twice a year: re- seed, fertilize, poison the pine islands, trim shrubs, inspect exterior of home and report any items that need attention.

Got one mil pre-seed funding, maybe they use the funding for property acquisition and rehab. 

I have been a lurker on these forums and soaked up a lot of knowledge so thank you all.

Soak up as much as you can then make a sound and not impulsive decision.