But the biggest issue I have with the stocks at the moment is the lack of passive income it creates (once you sell you stop earning money) and the inconsistency of the market as of late.

well I am not a NPN expert by any means but this is an interesting question so this is my best guess's1. the 189k is all the property is worth.. in reality.. so that's why its listed at that price.. and probably in contract for around that number.2. the seller does not realize you own the 2nd and who ever sold you the second probably realized the value was not there and unloaded it to you.. 3. your in the drivers seat in that this deal can't close without you signing off on your payoff.4. this is a short sale .. the first lender will be asked to take a short and will usually only cooperate if you as the second take no more than about 5k for your position.5. if you paid for than a few grand for the 2nd your in jeopardy.6. if you don't cooperate and the 2nd is in default you can foreclose payoff the first and deal with the asset.. 7. if the seller gets frustrated they just walk and squat stop paying on the first it forecloses and you either pay it off or it wipes you out completely .either way.. 2nds for most folks are pretty risky.. unless of course you paid next to nothing for it and its just mad money.. that you can easily lose. and just chalk it up to well that did not work.

I'm a web designer by trade and was stopped cold...I have a question which REALLY I suppose no one but me and my lawyer can answer but I think some feedback from some super smart BP'rs would be helpful!

I plan to stop by the house and just give him my opinion of CMA value. 

Practically, if you are catching up big items such as improvement, small 1000 dollar addition to basis is not worth the stress or timing to dig if not accessible. 

anyway I love that show as well.. but usually its investors being too trusting and not getting any verification other than internal reports from the sponsor.. the bank accounts don't lie and unfortunately when you go into many of these deals like Crowd funded deals you have no Access to the bank account.. so really its what ever reports they send back.. its only when you check the  actual bank accounts does reality come to play.

Based on that alone we can tell you if you should keep moving forward or just stopping right there. 

Many CPA's are here.If you haven't already done so - you should connect with a real estate agent in the area and ask her to give you access to the MLS. 

That contract would need to state you have the right to inspect the property for which the seller would need to provide access.

I now realize, after 50+ years of learning math (you never stop), that they were all correct...they never have, and probably never will, use it.Thank-you Bill, you have finally put a check mark on the "I use math" side of the ledger.