." - I do think this is largely incorrect, take a look at the CA real estate market for example.

Take Care and good luck Sam,Brian Bohrer - Realtor

There are debtor rights attorneys out there, but they typically deal in the owner occupied space, if these are in LLC's then there are still attorneys but they are probably not going to get very far in any type of settlement because there are probably personal guarantees in place or the lender will just take the property. 

Maybe take out some equity and buy another one!

The repair costs will take multiple years to recoup and with the age of the property I'm concerned if it's even worth holding long term or get out while I can before I fall into a money pit and get stuck.  

Hello guys, my name is James, I'm new here and really excited to connect and learn from you all.I've been hearing about real estate and so far the only investment I've made is in landbanking but this month I decided to take things serious and began learning a whole lot about real estate and it's been really exciting, I decided to begin with wholesaling and I'm really excited to connect with you all

By making equity raise small and max leverage they try to pump returns with tax savings because the cash distribution is so poor so tout overall returns ( think of Wal-mart touting overall pay for employees at 30 an hour when most of that is covering some insurance and other benefits type fluff versus what someone would take home on a check).

I plan to use funds from the business loan to take advantage of this discount.

And self-management might take significant time.

Hi Brian, Thanks for taking the time to answer!