If I keep it, it will end up running down more or I will end up losing it to the financial institution. 

I plan to call a bunch tomorrow & stop in with our financial projections sometime this month to see what their terms are.Thanks in advance!

Due to her financial situation she was not able to correct the issue and get the building up to code.

Does this guy know what your financial position is? 

What about your personal financial situation? 

I am a computer geek by training, but I am interested in generating passive income so that my family can have financial security and the opportunity to travel and have adventures (without the day job). 

So while I'm saving and searching for the right property to have as my first investment, I've been doing tons of research and began listening to the bigger pockets podcast which led me here.I currently manage the service end of a new car dealership, but am looking toward the future and some day retirement and want a way to secure financial freedom.

I'm new to the Seattle area, and I am working toward financial independence.

I also dabbled in wholesaling and flipping, but buy and hold with cashflow is the strategy I have come to prefer as we work towards financial independence. 

Also, it will free up the monthly obligations that come along with it that make life very flexible in the long run.