Obviously, that isn't a straight line correlation since comping is subjective and home values are always fluctuating.

Do I approach the homeowners and suggest a Subject To or out Short Sale?

Maybe the Supreme Court is just saying Congress needs to give this power to the Federal government, but the justices realize that any such law is still subject to their review for constitutionality. 

If I’m a well paid professional who gets paid $600 an hour and I can realistically add another 1 to 2 billable hours because I’m a highly experienced subject matter expert, that would be my highest and best use.

Or rent control: most out-of-staters see it as a bane that no landlord would willingly subject himself to, whereas seasoned LA investors know how to use the ordinance to their advantage.I would say this: given your age, current living situation, and that offer from your uncle, it comes down to your income outside of real estate.

Stabilizing your monthly expenses by getting a mortgage/house hacking and now no longer being subject to rent increase is a great idea.

I have funds out of my own pocket going hard to get the deal under contract.Raising capital is a really broad subject.

I’ve never done it, but….The current “purchaser” doesn’t own it, so he can’t sell itThe current “owner” can’t sell it free and clear since it is subject to the land contract Ask a local attorney, or maybe your loan officer.

You need to have a policy for whom you will accept and reject.This way, you are not making subjective decisions, which exposes you to liability for rejecting someone.

Imagine a tenant that calls you 5x as frequently to fix dumb little things as another tenant, both paying the same in rent... which tenant are you going to offer lease renewal to, if you had to pick between the two?