I'm curious what the biggerpockets community here thinks of quirky properties like this one: youtu.be/KnGzTe-CaYQ (video tour captured by GC)Quirks & problems include (but not limited to):-exposed (and unsightly) piping (can't be to code, right?)

Banks have a habit of cutting/limiting commissions, in a short sale, on Their side of the transaction.

Given the limited information available, most probably the diminished value is not too great.If you want to get a clear understanding of what your options are you will have to pay an attorney familiar with title policies to review your policy and provide his option.

You'll likely get some good opinions as other members here answer, but good golly it is a doozie of a questionI can tell you CFP and CFA certified/chartered individuals will require additional information including life goals, risk tolerance, age, human capital, lifestyle expenses, etc.

If you're flipping, It seems like it would limit your end buyer pool by having that restriction.

Owning an index fund, while it limits the great returns, it also limits the great losses.

Doing that you won't run into any mortgage limit.

As with investing, the more money you have, you're able to jump in at a higher level than others with limited resources.

It is not a glamorous lifestyle but it is an honest one that definitely has rewards.

If you don't have this in the DOT or loan agreement, they could ask for 150K for 2 properties, or whatever, which could limit your ability to sell without kicking in more cash on the total debt.