NOT A SINGLE BANK IN THE UNITED STATES OF AMERICA FAILED/CLOSED IN 2005 OR 2006 - $0 Loss to FDIC.

I've found a place that I like and the numbers play out very well but when I reached out to my insurance agent she notified me that four years ago there had been a large insurance claim for water loss on the property.  

I am sure it changes from state to state, but in my locale making any kind of misrepresentation such as a fake multiple offer situation, could result in a fine or loss of license.

This allows me to save 10's of thousands on price and than limit my rent loss to usually less than a thousand. 

(We are a RE broker buying for profit or loss and we are a principal in the transaction)   this has served me well all these years.. never once had a complaint.. but then again we cash out ( as stated ) everything we aim at.

Mortgage: $1267/monthInsurance:  $800/year, $67/monthTaxes:  $3200/year, $267/monthOpportunity Cost (if you had invested your $50k down payment elsewhere @5%): $2560/year, $213/month-----$1814 in monthly costs not including maintenance or management.You're probably looking at $1400-1500 in rent for this area so, unless you're wanting to generate a tax loss, this looks less like an investment and more like speculation (which is true for almost all Sacramento residential properties in February 2017).

I was thinking about it, if the tenant had an option to buy the property for lets say 25k, and I paid 85k to buy it, they could exercise after I buy it, and I would have to sell it to them at a crazy loss, or at least ignore them and due the entire lawsuit thing for breach of contract.Anyone run into this, thoughts, or experience?

At that point, I decided I wanted to get bigger, and had to swallow the bitter pill of giving up some of my hard earned cashflow to a 3rd party property management company so that I could keep my sanity, my job and my family life while continuing to grow the business.  

I'm just curious how BP members have fared during the same three-year period.Most of the loss in net worth was caused due to the devaluation of real estate and the lost equity in people's personal residences.

We don’t want to short sell or sell at a loss now.I am seeking good ideas to solve this problem?