That can only be fixed by selling or dealing with it.

So in my mind it would be best used as a last move into a REIT you never sell.  

If you live in it for two years, you should be able to sell tax free up to 250k if you're single.

In NYC trying to compare like properties and eliminating co - op debt, co-ops will sell for 60% to 200% of a comparable condo.  

There are auctions to sell cars, police auctions, tax impounded auctions, antique auctions, etc.

You could go to work for a remodeler too perhaps giving bids, selling service or see if they will train you to be on a crew.You could also go to work as an ISA for one of the big wholesalers. 

Apparently @Ivan Castanon most want to try to sell you on something vs answer the question. 

From there, I try to figure out why this house isn't selling, and if I'm still interested I'll make an offer at a price that works at my numbers.Other than that, yes I think it is a great idea to dig deeper into more creative methods of finding deals - wholesalers, direct mail, door knocking, networking, etc.

At the time, PPR was selling courses for investing in distressed 2nd mortgages.

new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.