Not to mention, of the more dangerous jobs, many have lower average salary, including coal miners, loggers, roofers, and electrical pole workers -- all honorable and tremendously important jobs in our society.

The case where there is a foreclosure on a first note where the home is worth 200K and the UPB is like 20K would be a whole different animal.Also really appreciate the input on other possible issues, liens, mineral disputes environmental disputes etc. 

Check with water softener places and get a test kit,,,you may have other minerals in the water as well.

One example of a poor representation is the problem we are seeing in Eastern CT with a certain company that has foundations crumbling from a mineral called Pyrrhotite.

As far as apps go, try http://www.circleof6app.com/ - designed by a friend of mine, really useful and quick to use.

galvanized pipe is a constant hassle. over time, the mineral buildup in the pipe will clog them up, requiring replacement. if you can replace it, do so. pay me now or pay me later.

I'm actually surprised you own the mineral rights.

Ranch-  what type of water and mineral rights, easements?

Ultimately what you decide to do is up to you.Have you considered exchanging into a DST or mineral rights royalties rather than direct RE at 8% interest?

Improvements that can make it worth more are mowed trails, water holes, tree stands, mineral sites, food plots.