Real Estate Investing has this problem...it is not Liquid enough to get out quickly enough when the next 2008 Economic Collapse occurs.

Well, it can be hard to establish the actual dollar amount of damages in many instances, so there is the concept of "liquidated damages" - a holding deposit is nothing more than a form of liquidated damages.

PM me here and tell me that you're a lender that wants whatever, and that you are following up with an immediate e-mail.  

I still have $5,000,000 in liquid cash sitting in a brokerage account somewhere.

There are many of us from MN here on the site.I'd recommend you listen to all the BP podcasts and read as many books as you can to further your education.To connect with locals, you can check out some of the meetups, here: https://www.biggerpockets.com/rei/minnesota-real-e...I'm most active in TwinREIA, which is moving to Facebook from Meetup, so see if this works for you: TwinREIA Facebook LinkThere is a lot to learn and many knowledgeable people here.

Baltimore St (21223), 2032 E.

It is reported on the IRS Schedule E - - download a current copy and review the details.

The zoning is E-TU-C Lot size 6050

An FYI, Wake county permit filings are here: http://services.wakegov.com/PermitSearch/ City of Raleigh permit filings are here: http://onlinedevcenter.raleighnc.gov/DevServices/e...

@Glen E ... selling a home is always easier when it is vacant.