What would be the best method to deal with this house I was thinking a subject-too option or wholesale.

Thank you all for the insight of this subject matter.

The subject line just names a few.

or close too it.. that's my understanding and of course subject to correction by any of the BP CPA's  ....

@Russ Scheider  golf course communities can go through this..La Quinta CC in So CAL had their club house demolished in an earthquake.. well it was still standing but it needed to come down..  25 million to replace.. 400 members. you can do the math.when economies have issues as well CC can be a really dicey thing.I lived at Silverado CC In the Napa Valley for a decade ( owners of Halls Chop house there in Charleston used to be the GM there).. but the course was not owned by us members so we were never subject to any capital improvement fees.. but then again we did not have a lot of say.. and the course was semi private with resort guests.. ( which I liked I met all sorts of cool people from all over the world that came and stayed there etc etc)

For more information, there is an entire book dedicated to this subject by Brandon Turner called "The Book on Investing in Real Estate with No and Low Money Down."

Done very exhaustive research on the subject   and  would love to hear your experience  when you  first  started baying your first Note.  

The problem is that this is a difficult subject to cover in a book.  

I'm technically an engineering major at the moment but i haven't even started school so it's somewhat subject to change.

Of the subject burns down what would the city/ CPU to allow it to rebuilt as!