That said, of course, Jay Hinrichs said it well - I paraphrase: if paid education floats your boat, go for it; if not, then don't.I would simply assert than even some of the BP podcasters admit that some of their earliest experiences were financial disasters.

You now have $1000 to that you need to invest and generate $50K per year just to match the first (unleveraged) scenario.And THAT is an example where leverage hurts your profits, thus refuting your assertion that leverage will ALWAYS increase profits.In other words, you are wrong.

They also made a written assertion they had insurance for just this sort of thing, turns out they didn’t. 

I planned to work directly with the bank on my commercial loan but when I began my due diligence on banks, I was not getting a proactive response from them versus the commercial mortgage broker who was very assertive (and had inroads to the banks locally and nationally who play in the space).  

My assertion was that we spent money on a cruise and scheduled our crews etc etc..

It’s much better to assert yourself right away—otherwise you may find your tenants taking advantage of you.With a little forethought and some careful planning you can make your rental property investment the success of your dreams.

I would ask for precedent to support that assertion

I am familiar with Florida's peculiar (at least peculiar to me) tax deed process.As an investor newbie and legal novice my concern was if I would apply for a tax deed and be the high bidder at the auction would I have to worry that that the LLC that was the successful bidder at the apparently voided HOA foreclosure auction would have the ability to assert a claim against the property. 

The nicer the assert the fewer issues such as this.

The response to a law suite still needs to be filed with the Court hence paid and properly served to the Plaintiff which also costs money.So a CA plaintiff can walk into the clerk's office, file a complaint, put cash on the wood, and then assert that the very same court lacks personal jurisdiction over him in a compulsory counterclaim?