If your heart melts every time someone tells you they lost their paycheck at the casino, you may not be cut out to be a hands-on landlord.

Sure it's unlikely to happen, but people didn't think the recent economic melt down would occur.

All of my renters melt if the thermostat is above 65* in the summer and freeze if it's below 80* in the winter.

Just a quick post for future folks, the monthly meetups of the CLE Real Estate Think Tank are now in the private room at Melt on Rockside in Independence, effective immediately.

Saying "we didn't cause the crisis" isn't the issue at all, due to the melt down in mortgages, it's the big violators getting handcuffed, along the way they are simply saying.....oh, yes, this bunch, this is the best opportunity to curb the crap investors have been pulling too!

Of course I once sunk a Jetski and nearly melted one summer trip there....

@Jonathan Johnson the "100% Financing" program went away in 2008 during the financial melt down. 

A non-legal adivice answer would be a bag or two of ice melt per year is alwasy better than dealing with a slip and fall or auto damage caused by ice. 

That is why in 2008 economic melt down, the low point of housing really hit in 2010 or later depending on the market. 

House next door demolished, some melted siding, water damage to current property, not much but enough were tenants had to move, property has been rehabbed for 2nd time.