However, you could invest same funds into a trust deed and earn 10% tax deferred.

Lenders are looking for safe places to earn interest and I don't think showing them a year of negative cash flow is going to have a positive effect. 

The number of foreclosures coming through the pipeline have reduced but you can still find a good deal.Do you invest in the Ocala, Marion County area?

No mineral rights Yes it does reduce the value of the property.

Congratulation on your decision to "step out", after being in conventional real estate for so long, it is a big decision to want to be more productive, earn more, and build a portfolio of profitable properties as a real estate investor.It is difficult however for agents/brokers to change hats, to forget the old ways of doing the conventional real estate business and to get educated on the creative ways to control and roll real estate.I commend your decision to do so.One Broker to another, if you need some suggestions, just give me a call.Good luck.

Be glad they offered a reduced payoff.

A sponsor can contribute zero capital and still earn a promote. 

Super interested in buying and holding of houses and am more than willing to sweat and bleed to earn sweat equity!

Your best option is to therefore negotiate with the city to see if they will be willing to reduce the fines.

I was sitting in traffic in Chicago, and I saw a "bandit sign" claiming I could earn 120k+ if I called the number...