Some will come back stronger, some will evolve, and some will struggle. 

"sorry, your qualifications aren't strong enough [for this particular apt], we are going to wait for a stronger applicant."

If anything, you will grow out of it stronger, smarter, and one more story for you to share with other people that will be looking for advice on what to look for when they do the same. 

I do get close to that in that neighborhood but for your first property I highly suggest you look at a stronger c or b neighborhood.

But for every dollar lost has made me that mlm much smarter and stronger.

So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

I've designed many PWF basements and if they were installed correctly, will be drier, warmer, and stronger than any other.  

I was thinking that being able to make all cash offers makes me a much stronger buyer with the ability to also close much more quickly which can be attractive.  

The stronger your reputation the more contingencies you will be able to get away with in your contract.

I assume that the reason for the HELOC and cash buy is to give you a stronger position when negotiating purchase price and the ability to act more quickly vs. obtaining financing.