A home can sit and sit and sit and sit, until the seller either make more improvements which they usually never ever do or drop the price.

I actually signed up with BP a month or so ago but just now have taken the time to begin completing my profile.  

Theoretically, over time, the buyer's credit improves and, when they can get a mortgage, you get paid the balance.  

You are elephant hunting with a BB gun, you need to get out of the jungle and learn real estate.Your questions are so vague they can't be answered without writing several books.Land is always valued with the market approach unless it yields income without improvements, then the income approach may also be considered. :)

Right below the message box you should see the persons profile pic along with their name.

Do we make any improvements/repairs or don't bother since they're in the house and happy? 

I could make improvements over time, and maybe some day when I either have more $$ or that golden unicorn buyer comes along, I could even turn it back to single family (though I honestly could never see myself needing more than 3000 ft2).

I have several contacts from other wholesalers, investors and lenders. my contact info is on my profile. please be a part of my network. we are all here to grow and have bigger pockets.Roel Lopez

Think of this as a learning lesson and an opportunity to improve on a process with the pm.

I worked 10 years for the consulting arm of a big 4 accounting firm, helping Global Investment Banks, Insurance Firms, Multinational Asset Managers, and Hedge Funds improve their back office operations, specializing in implementing investment performance measurement systems.