I will continue to learn about the property classes and how to apply it to potential investment purchases!

I want you to be able to call your lawyer and ask for free answers, so I'm not paying $500 or $1000 per question. 

Additionally, I'm exploring long-distance investments to identify locations with stronger cashflow potential and a lower entry point.

Any guidance & advise is appreciated :) Check with a lawyer.

I'm either finding them in tertiary markets that have semi-decent un-leveraged cashflow but low-appreciation potential, or low cashflow in higher appreciation-potential areas. 2.

This introduction sets the stage, explaining the magnitude of the situation and its potential impacts on the market.

I'm doing this pro se, so no lawyer.   

Unfortunately, this means that I have to let this deal go, but it made me come up with a couple of questions about this situation:Does anyone have experience in partnerships where one partner's only real requirement is to sit on the loan and potentially provide interest payments when needed during the duration of the construction? 

That being said say it takes 2-3 years to move out rents could and likely will be higher and you could potentially refi to a lower payment.

@Bryce Henson my understanding after dealing with reverse mortgages is that the reason it’s listed too high is likely there are rules in place for selling them, there’s a determination of list price from the lender,must be listed at that level for a certain time, then they’ll re-analyze and potentially drop it if it doesn’t sell in that time frame.