Just need to hear someone say it's ok keep going, it's worth the risk (if it is) :) 

Lacking the capital and building experience to develop it ourselves, we want to offer the backyard as a "Developer Special" on the MLS.We’d rather not risk demolishing our home at the front of the lot.

Any land held for potential appreciation, for farm usage, for its raw materials,  or for potential future development can qualify.

And both went up significantly due to claims or regional risk. 

This has resulted in 3 collections accounts on my credit statement.I believe credit card acceptance is a risk that all landlords should be made aware of.

You could potentially sell the property and pay practically nothing in taxes!

This is a Class C area potentially moving up to Class B. 

Otherwise, you can take on a bit higher risk and acquire an off-market opportunity yourself, but you will not have the guard-rails of a Realtor and Lender to keep you away from expert-eye (or obvious) pitfalls.2) Tools and Analyzing Deals:What Tools - The analysis can be done via the BP Calculator (lucky for you, you're a PRO and have included access).

Not having any idea as to the potential expense involved in foreclosing especially if the borrower file a bk8.

Probably my biggest obstacles are that I am moderately risk-averse and am easily given to Analysis Paralysis.