Something like 95% of chapt 13's fail and are converted eventually to chapt 7.While in a bankruptcy, the court decides what you can and can't buy.

YOU FAILED TO PROTECT YOU - YOUR OWN SELF-PROTECTIVE RESPONSIBILITY - PROTECTION OF YOUR INVESTMENT - and Protection of your own earnest monies utilized. 

Oops, did I fail to mention he is black, from Detroit.

Failing to give him the opportunity to assess and repair the damages nullifies any legal claim you may have had.

"If you don't fail, you're not even trying."

If you fail to follow the rules, you may open your personal assets to a lawsuit.

There was a lot of information I didn't mention in this post since each company and individual can operate differently so if there was something I failed to mention, please feel free to leave a comment).The terms Hard Money Lender and Private Money Lender can be confusing because people sometimes use them to mean the same thing.

Quote from @Dennis Gallof: You can always count on government programs to increase costs, increase time required, increase headaches, and typically fail to meet any stated goals.

You may have to pass a city inspection - one of ours is every 4 years unless fails, then it’s every year; some require lead-free certificate or testing between tenants; one of ours now requires a smoke alarm report and a new certificate that tenant must sign saying they know their rights, eviction won’t happen if ypu don’t have that for court.

Sometimes it just takes doing and failing to learn.