However, since yellow letters have become popular in real estate investing, moving away from yellow may be necessary in your market.

Article from HousingWire:The National Association of Realtors drew a line in the sand between homebuyers and investors, but one investor says he’s had enough.NAR made its stance on investors clear on several occasions: Investors are creating more competition for first-time homebuyers, possibly even keeping them from homeownership.Back in January, the initial public offering for Blackstone Group’s single-family rental operator, Invitation Homes, became one step closer to reality, as the company disclosed the terms of its initial public offering.What was unusual about this deal was the fact that it happened with the backing of mortgage giant Fannie Mae, as noted in the Wall Street Journal.NAR did not wait long to criticize the GSE, sending a letter to Mel Watt, director of the Federal Housing Finance Agency, according to an article by Lorraine Woellert for POLITICO.

If you do go to the auction sale, you also got to check for state and federal liens though, they are trickier to get rid of.Since the payoff is already high, in this scenario one way for you to profit from buying the note and foreclosing is to negotiate to buy the note from a lender at a large discount from the current balance and hope the bidding goes above what you paid (you'll profit from the difference). 

Fed increased federal fund rate, not mortgage rates.

In a state that is half owned by Federal 'Government  State government... why are we paying for parks.. :)  and especially one's that are used by so few people.. its that kind of thing...

The only think that might be relevant in my mind is if the field will be generating noise and headaches (dirty streets, rioting fans, etc.) then this can impact your property value and the type of tenants that will agree to live there.On the other hand, if the school's football team is popular, this can be an opportunity to AirBnB the property and have a tailgating setup (there was a company on Shark Tank that did that).So I'm afraid I gave you the typical "it depends" answer but I hope this gave you a perspective of the pros/cons for your situation.

These are programs at the state and federal level that assist potential developers (PDs) by allowing them to use engineering controls in lieu of environmental cleanup.  

I lived in a neighborhood of attorneys and judges; state, local and federal so nothing like that impresses me anymore.

A hugely popular book.

Straight from the Fannie Mae Selling Guide - Verifying Capital Gains IncomeDocument a two-year history of capital gains income by obtaining copies of the borrower’s signed federal income tax returns for the most recent two years, including IRS Form 1040, Schedule D.Develop an average income from the last two years (according to the Variable Income section of B3-3.1-01, General Income Information), and use the averaged amount as part of the borrower’s qualifying income as long as the borrower provides current evidence that he or she owns additional property or assets that can be sold if extra income is needed to make future mortgage loan payments.Note: Capital losses identified on IRS Form 1040, Schedule D, do not have to be considered when calculating income or liabilities, even if the losses are recurring.Due to the nature of this income, current receipt of the income is not required to comply with the Allowable Age of Credit Documents policy.