But the huge takeaways from the last market train wreck were that having the soft landing pad of a paid off primary was gold - both for the comfort and security, and because it was the springboard for investing funds when the market turned and it was time to buy.  

He gained access yesterday and of course the house is a wreck.

I had the bottom unit remodeled when I moved in because it was a wreck.

I know being a first time landlord can be nerve wrecking, but if you fear you will not have positive cash flow I would suggest DIY. 

@Shrey Hey I guess legally you could structure it to work, but it is a train wreck waiting to happen.

Then at least you will know if the place is a wreck about to fall or if a pest guy comes back with a $900 quote and you can get the place now for $45,000 you just made an additional $4,100 on this deal. 

When I talked to my mentor the next day, she told me he called HER to tell her the property I wanted to see was a wreck and wouldn't be suitable for my exit strategy. 

And a car wreck right about the same time did not help matters at all.  

They might have been able to void the contract after the sale, but when he wrecked and damaged the car he is still responsible for his actions. 

First, the credit report is absolutely ridiculous because just because I a judgement against me for a Harley that my ex wrecked and let go back doesn’t mean I don’t pay my bills.