What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?

I was happy to exit quickly without losing too much.

Just like doubling down on a bet you could lose it all. 

6. in 2023, two years after losing the first ballot measure, WIP tried AGAIN, and this time they still lost with 58% of the vote against them7.

Sad truth of our current legal system, but if you go through the eviction process and he loses all this stuff, you are in the clear. 

This is getting out of hand and many of us could stand to lose a lot of money here.

On top of that wholesalers by and large are very inexperienced and or pretty slick.. this is a perfect set up to lose money as well.  

I've seen landlords live in blissful ignorance for 5-10 years due to dumb luck, then their world comes crashing down and they lose everything.I have a book, there are some in the BP bookstore, or you can check out one of my personal favorites, Every Landlord's Legal Guide by NOLO.

If you build a buyer's list and you send them deals where the repair costs aren't close, you will lose them.

Sadly, there are quite a few people over 65 on the verge of losing all their retirement money they put into these guy's investments that are doing terribly while they both go start new ones.