This issue also naturally drives up deductibles.  

@Izraul HidashiIn general:Investor or certificate holder -> underwriter (creates the certificate) -> Depositor (issuing entity) -> Seller (purchases note) -> Originator (or creditor that created the note) -> borrower

I bet if converted BACK, it would be 4br+, probably a rather spacious 4br+: - a whole lot easier to rent given much more demand for such vs efficiency or 1brs- no longer competing in any way against apartments- no more utility issues, because tenants cover 100% of there own utilaties- no more headaches of wrangling different persons to play nice togetherAnd on and on and on...... 

I do not believe it's a pricing issue because I have priced it lower than in previous years.

Also, if this is a regional flood, Fire, Tornado or Hurricane issue; replacement costs will be even higher.F. 

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Otherwise you will quickly run into scaling issues.  

I had constant issues with the local government and the taxes were absurd.

There can be specific issues that can cause the distribution to be taxable related to partners having enough basis / debt basis to distribute the proceeds. 

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..