I recently spoke with the owner of a property who is very interested in selling. he mentioned that the property has severe foundation problems.

My realtor mentioned that once they clear that number the leftover money may go back into my principal but he wasn’t sure and my loan originator told me she was also unsure but she did say that banks can’t profit from a short sale.

I notice you didn't mention the money owe me on the other property, which is a totally separate agreement.

If these features in your unit pale in comparison (age, condition, etc.) to the others, it puts you at a competitive disadvantage. 

David Greene's Long distance investing book goes over many of the talking points that you just mentioned. 

As it was mentioned, it is the attorney who closed you who is the problem. 

The way I got started is I went out and found a deal that had high value-add(Large margin between acquisition and repair cost and ARV), the value in the deal made it easy to finance, I mentioned to everyone I knew what I was doing and let them know I have a deal I am trying to find a partner for and I found an investor rather easily because of the value in the deal, the deal attracts funding, get yourself a deal and  you will find an investor.

I will be looking into everything you mentioned!

Forgot to mention.....usually when zoning changes the “non conforming use” is grandfathered in with some restrictions.....if vacant for a certain amount of time or if destroyed, the exemption for being grandfathered in goes away.

@Youwei Chen You actually just mentioned a good way to identify your next target market.