Ricks, who works at a medical records company.

My theory is that since there is such massive insecurity in not owning the roof over their heads, surrounding and in some cases burying themselves in junk is like self-medicating against the anxiety.

OK then your borrowing the funds to then loan to another.. that's what I did with my big credit facilities in the day and we made the delta. 

Condos have the highest amount of law suites of any field by a good margin, even more than medical suites.

Sometimes you want to pay for convenience.Think of the 90 year old with no family, going into assisted living facility.

My parents own several large storage facilities and they have hosted auctions but it's a last resort.

Medical payments goes along with this. 

This happens every cycle and It holds true for equities as well. this is when you switch to being a lender at far less than ARV.... if the deal is skinny its skinny to the flipper not you. back in 02 ish as I had a nice run at court house steps in the PDX metro area.. the last auction I attended was in Wash. co.. minimum bid was 80k on a Aloha 160k rancher..  35 individual bidders qualified so that was 35 people with say at least 100k in cashiers checks all crowded into the little foyee there.. so 3.5 million in CASH chasing one deal that ended up bidding up to maybe a 10k profit .I walked over to my bank and told my banker I am going to start a HML company so be prepared to change all my LOC's to a lending facility.. let everyone else bang their head against the wall we will just provide the capital   LOL.. well that worked great until it did not in 08.. but you know what I mean.. sometimes being the bank is far more profitable than being the flipper..  

He was to pay our medical bills as restitution. 

For the lessee, without a deed your protection is contract law, which with the protections placed in the contract by the lessors attorney, and the same by the lessees attorney, almost guarantee a lawsuit and counter claim.Recently, a friend of mine entered into a master lease (as lessee) for a medical property.