If it is a flip I'd look at recent flip comps and see what their rehab was like to get an idea of what the market is requiring to get to the desired price point.I would follow the same process for a long term buy and hold.Mike

I would keep building slowly if it were me keep in mind that selling with an agent would cost you 6% of the sale price, you would also want to do a 1031 exchange to minimize taxes which makes the process more difficult because you will have a time constraint to get everything sold and buy something new. 

I'm looking to work in the Goldsboro NC area and would like to know of some attorneys that handle assignment contracts and are familar with the process.

I'm fairly green to this process, just want to make sure I don't miss anything drastic while at the same time not being scared away with all the small things. 

What are my options at this point to move this back into a short sale process?

Who did you end up meeting through the process?

Reps from the bank recently stopped by and said that because of the default on payments it would be going into foreclosure, but I know this process can be a lengthy one.

If those funds get used up during the escrow process, I think that should be a valid expense. 

In the process, I found a few houses that could very likely be good for investing.

I'm currently in the process of preparing a house in Mableton for Airbnb.