I'm guessing the township just wants it off their hands, and could probably use the lump payment.

I plan on retiring within a year and I will have lots of time on my hands.

Those buildings typically wear the owners out quicker than the bigger "hands off" properties with management in place.

Some forum search results (hand-picked by me :D )http://www.biggerpockets.com/forums/95/topics/59930-has-anyone-here-worked-with-afffinity-group-management-http://www.biggerpockets.com/forums/53/topics/41874-the-best-insurance-for-rehabbers

You have first hand knowledge of the properties that will come available plus their condition.

And doing a short sale will certainly hurt your credit.OTOH, continuing to hand onto this underwater property is going to hurt your pocketbook.

On the other hand, the majority of the risk is passed on to the buyer if you're wholesaling it.

What companies are folks using for hand addressed envelopes?

I'm asking because I believe Shawn is in town this week speaking at various REI events.Remember, most of Shawn's properties are in Ogden, UT, an area he lives in/near and knows the market like the back of his hand.

No one wants, gulp, heavy handed government regulations to address all the disgruntled future investors/constituents...