This number simply means, your chances of success are pretty much 0!"

When "buyer", presumably, couldn't keep property afloat and pay the loan, seller simply removed buyer and took over property again.  

As a fellow Northerner, I tend to buy in the Southern half of the US for 2 reasons:1) you get much higher year-round occupancy rates in the South & it’s simply tough to earn a good ROI in the North if your place sits vacant for a big chunk of the year2) Culturally, the Southern half of the US seems to be a lot more accepting of STRs regulation-wise.

Quote from @Zachary Gray: I think the value would be to identify your strengthsoperating, underwriting, administrative, analytics, etcthen search for areas where you may be weaker such as deal finders, people with access to capital and opt to partner.

I love real estate I just don’t see how, outside of simply diversifying, that it’d be worth it.

Legal issue simply give to your attorney. 

You can file a Chapter 13 which will protect your home and its a clean way out.When you file a CH.13 BK its not the end of the world it simply protects your home since its your homestead from foreclosure.

Any agent who believes that providing a completeproof of funds letter, which they don’t even prepare, is jumping through hoops is simply lazy.

139,416 - 75,000 = 64,416.     64,416 / 9.3 = 6,926         6,926/75,000 = 9.2% annual ROI. or is it simply gross annual collection / purchase price?

Hope this stirs the pot a little bit and get some of you to think and realize that what you have been doing is simply wrong!