Don't feel too bad. 9 grand on advertising is a drop in the bucket.....

Steve is referring to a drop and swap where the LLC (partnership) is converted into a tenant-in-common structure by deeding (dropping) the real estate out of the LLC (partnership) and into the individual's names, holding for at least 12 months to be safe, and the completing a 1031 exchange (swapping).

So, I figure its at least two months from now before I would be able to close on another.One of those two turned out to have more serious problems than I thought, and the bank wasn't willing to drop the price to deal with that, so we canceled the contract.

If the dollar is going to fall, and the fed keeps dropping rates, might as well profit from it, right?

A 97% drop in one week?

The thieves had the kindness to shut off the water before breaking the lines.

For example, we've been in a drought for many years, and most areas have tight restrictions on lawn watering.

They want to see an honest effort to sell the home first...then if no offers received the price gets dropped and eventually gets to the point where it is in short sale.Just because the home is listed with an agent doesn't mean you can't negotiate the sale.

If I can be of any help drop me a line or talk to the guys at ICI.Welcome to the forum.Robin

Are you sure you have included everything - all the design and permitting fees, impact fees, roads, water, sewer, electric, stormwater, landscaping, street lights, marketing costs, commissions to sales agents, financing costs and lender fees, attorney fees, recording costs.....Also, your statement "it is already in the process of being split into 1 acre lots" worries me.