Google that development and how it went bankrupt.

A little more background: Bank A foreclosed on the property then went bankrupt a few weeks later.

I feel like i have found the one missing piece on this journey, i will level with you all, i am terrified of starting this because in the past (2005) I tried to flip a house in CA and it was a disaster, a perfect example of what not to do, and although i learned a great deal as a result i lost a ton of money, ended up bankrupt and also learn to be afraid.

So your telling me as long as the company isn't bought by someone else who has a slave that does the same job you do or they don't outsource your function, or the company doesn't go bankrupt and use you pension money to give the CEO a big bonus, your set for life.There are a ton of restrictions on real jobs, I was a executive for a fortune 500 company out of college and giving them 70 to 90 hours a week which is really giving them two employees for the price of one, I decided to get a life versus a real job.

I didn't go bankrupt, but came damn near close, and I gave away a hell of a lot of labor in order to move the house.

There certainly are "hot" markets in the state and I could replace Everett and Melrose with 15-20 names off the top of my head but you make your money when you buy so buying in the next "hot" market can work out really well for you or it can bankrupt you.  

I am not the owner; the trustee is so I believe there is a risk that if trustee goes bankrupt I am losing my properties?

And if he does not test it, and the end buyer gets sick, he will be bankrupt, and possibly face criminal charges.

I have seen far more landlords go bankrupt through vacancy or tenant distruction of SHFs than any multi units.

Long story short - A relative of mine has gotten into financial trouble and will shortly file for bankrupt.