Is the object of the bank to recoup the $15,000 and let the property go, or, given the large disparity between the balance amount and market value, is the bank expecting an offer in the neighborhood of the $150,000 market value?

They can provide the facts, their concerns and their objectives.

Below are some things you may wish to consider, as to which Corporate Enity is best, for your Business Model as well as your REI Goals and objectives.

Moral of the story, buy on your investment plan objectives.

I love everything else about this house, so I know I'm just being emotional about the purchase so I'm looking for objective opinions.Thank you so very much for your help.

Then as the cycle starts to recover the bat stays the same but the object to hit gets smaller and smaller such as a baseball and now a bounce ball.The chances to strike out are greater.I am looking to do deals now in commercial but only if it makes great sense.

People get so bogged down on making a perfect website (Which has not given me very many leads) , making a perfect business card, making a perfect yellow letter with the perfect lists.. that they actually just prolong actually getting started and taking serious action.Your objective starting out is finding a solid, Juicy deal.

Once I got solid repair estimates from trusted contractors & subs & performed an objective comp analysis I renegotiated on the dilapidated property.

I think a lot of people will disagree with my approach on the last part b/c I keep a high amount of money tied up in equity, but It works for my long-term vs. short-term objectives. 

The trash issue parallels that of CableTV - - mandated single server provider.Just like I can't elect to not pay for  specific Federal mandated services on my 1040 because I object to them, I can't sidestep community "mandated single server providers either".