We're working on some big improvements right now, and I will see if this is something we can implement in the stages following this current development stage.Please keep the suggestions coming!

I see after debt service that you have 24k/year left over with no repairs or improvements.

You don't say where you are; but I can tell you that in TX it is standard practice on a "foreclosure" (actually a trustee's sale) to issue a Special Warranty Deed, because the trustee was issuing the deed as a function of their obligation under the terms of the Deed of Trust.An "owner" selling would issue/sign a General Warranty Deed, however when you delve into what is being warranted under the terms of each it would be impossible for a trustee to sign anything other than a Special WD.I'm guessing you did get title insurance with this.You did get a "Warranty Deed", granted a SWD with this purchase.

Or maybe even do seminars geared toward your areas of expertise then practice on deals with OPM.

I have done a couple of deals like this for the principal of my current company as well as when I was a practicing CPA (in California).Talk to your CPA about the LLC selling the contract right to the developer (Kudos by the way that you found a developer that wants land right now!

Various methods can be practiced for gaining leads like through your friends and acquaintances and asking for recommendations and referrals.Personal contacts also can fetch you leads.

A homeowner (bank) can pretty much do as they please regarding such matters.One thing...If the accepted offer was lower than yours, then you could possibly show an unethical act - as the listing agent may have not presented your offer, a violation of (Standards of Practice 1-7).

Use them as practice.

If your financial situation has improved to the point where you can handle the current payments, and some extra, you may well be able to work something out with the bank.

Born and raised in Northeastern PA, this condition has prevented me from staying with any single employer for very long, and has led me to believe that the only way to get to where I want to go, or at least the most practical way, is involved with real estate investing.