You can still lose your investment in the LLC.

I might lose some money in that deal but lease it would be back to performing.Or I could go through with an foreclosure process and take the house.

You may lose your earnest money but you will not be forced to purchase the property.  

I love hospitalityI like doing real estateI’ve had jobs in both I’m dreaming a little here but ummm always looking for something new to venture and learnAnyone have any good recommendations on what hotel franchises would be ideal for a first time hotelier?

If you sell to an investor, they're also looking for a good deal and tax into consideration RE commissions and you might end up losing money on the deal.

They didn't have the funds to catch up the property so I added value to them by solving their problem of losing the home to tax sale and allowing them to stay put without forcing them to leave.

In my market, having a trendier floor equates to getting a lot more rent so I am not marrying myself to a floor for 20-30 years just to lose potential rent over time.

I would like to venture into CRE and learn to fish.

How much money would you lose taking 1 day off from work?

-Do your parents want to be equity holders in this new venture, or loan you the money?