Rich"Even if they did I am sure they would find a way to show they were insolvent at the time of the gain (liabilities exceeded assets) so everyone don't hold your breathe that they would pay any money.At best the amount would be little to nothing.

Just don't hold your breath waiting on payment as it's more of an exercise in futility. 

Hi @Attila Bertalan good post.I love this saying from Eric Thomas:When you want to succeed as bad as you want to breathe, then you will be successful

Take a deep breath, put down the Flavor Aid, and get some perspective on ACRE and it Guru.

Since I'm relatively new to landlording (< 2 years), this gives me some breathing room when they ask questions.

I have 9 properties now and added 5 of them in the last year so I'm not sure at what point things started to really add up (I'm just now getting to catch my breath after getting the last one rented) but it is getting really exciting with my RE business now!

LOL. don't hold your breath..... :))BTW,                                GO  CARDS!!!!

@Karen MargraveMuch of eastern Canada has been running hot for so long, folks are complacently thinking it is normal ... places like Toronto, Vancouver, Calgary & (to a lesser extend) Edmonton have been on the molten rock side of hot for almost as long.In amongst all that, there are cities and, more often, small towns and rural areas whose local economies are unwell or have collapsed where there is growing inventory which comes with lots of risk.There was hope at the start of the year that things were beginning to relent a little, then the BoC lowered interest rates - mere weeks after hinting they were on their way up - which may be breathing another dance into the local market.

The shingles are not dangerous at all as long as you don't take them into a small room and grind them up while breathing in the air.

I could leave a few days breathing room if I don't think the two can cooperate in giving me time to have it professionally deep cleaned either July 31 or Aug 1, that is something I will discuss w/ both before signing anything.