For some reason everyplace I looked at that appeared to be a deal needed at least $20k worth of work.

As such, it should be reported to the police, and if possible, reported during the actual disturbance.We would ask you to keep a written log of the date and time of this type of occurrence for our records in the event of court action.We will send all tenants a written reminder of noise restrictions as per the lease.

The fact that you can sell it for the 150k you mentioned means that the market value is that high even though on your books it appears to be valued at zero.

If they do not agree and do not move then you will have to go to court to evict them

It appears that because these loans are structured like a typical loan (i.e. there is no “final” distribution of pre-tax retirement funds) I don’t think there would be any tax consequences.Mark Flynn CPA

There are still many thousands of undeveloped acres it appears.

Ultimately, the decision is in their court, but you shouldn't hesitate to be completely blunt about a deal not being worth pursuing if you believe that to be true.Ultimately, it may hurt you short term (fewer deals get done), but long-term, those investors will trust you and the good will will come back to you in spades...

However, there appears to be no shortage of those units.

The first listing I looked at on landcentury appeared to be also listed in MLS.

Took them to court and only recouped $1,400.