People who are buying there are either doing major re-positioning - i.e total renovation of building or space and/or betting on huge appreciation.

Bird dogging is illegal in some areas just check your local laws but its really hard to enforce its like speeding they rarely pull u over for going 3 mph over the speed limit

I'm curious what the biggerpockets community here thinks of quirky properties like this one: youtu.be/KnGzTe-CaYQ (video tour captured by GC)Quirks & problems include (but not limited to):-exposed (and unsightly) piping (can't be to code, right?)

You can roll her closing costs into the sale price and pay them.Selling to her sounds like your best bet if you're 1,000 miles away and netting $5 per month.

Banks have a habit of cutting/limiting commissions, in a short sale, on Their side of the transaction.

Given the limited information available, most probably the diminished value is not too great.If you want to get a clear understanding of what your options are you will have to pay an attorney familiar with title policies to review your policy and provide his option.

There has been some fake stuff going around silver plated crap watch out for that and make sure your broker/dealer is willing to bet you the farm what your getting is what you paid for.

Joel, this was a yield chasing gamble, and I did spread my bets.

If you're flipping, It seems like it would limit your end buyer pool by having that restriction.

Not saying they can't seek a full payoff, but the justification to do so will be harder, and I'd bet they won't, especially if the interest rate on the note is higher than the current rate.Later on, you can do a sub-2, effective when the mortgage is paid off.See your attorney, then call the bank back.....good luck!