If you cant turn a decent profit on a monthly basis, it's not a great long term play and you should sell the property.  

I have had every one of the above come into play, which has caused the timing of exiting the asset to take longer than anticipated.

Your consist numbers you have and the variable numbers that you can play with are rehab and holding costs...

I'm a web developer/ real estate investor and I just started playing with Dapps, is anyone else working on similar application?

Word of mouth referrals from past clients play a very critical role in most realtors’s business, and to get that they need happy customers.

Unfortunately it’s very probable you will be responsible for this unless there is a statute of limitations in your state which could come into play.

I personally would always play the role of GC myself.

I have been through the BK route more than a few times in 40 years of HML ing.. and as Don states it can be just crazy what happens what the debtor will do what the BK trustee will do what the judge will do.. that all said if your position in the note is discounted enough probably still worth it. but in my mind to pay 90% and if there is not SIGNIFICANT upside I personally would not do it unless you have a repositioning play or something that no one else sees. 

My LLC did not come into play at all.

If you're playing Poker, and you have put a lot of chips in the pot, but your hand hasn't improved enough from all the draws, what do you do?