And then after you run the numbers, realize that you might lose money if your property goes unrented above your vacancy rate, and/or you get a bad apple that destroys your home and decides to never leave and live rent free.

Then you'll have a hurricane hit Virginia and a huge tree will crash through the roof of your nicest home, destroying the roof and most of the 2nd floor, and the insurance company will claim it was a mudslide, not a hurricane and you're not covered.

Another sad truth is that while experience is a great teacher, she sometimes destroys her students.

Now they actually didn't make most of their money until the market picked back up in the early 90's, but they positioned themselves in the late 80's and when the cycle pulled out they rose to the top.Down cycles destroy most investors, but the ones that adapt and learn to take advantage of the cycle become multi-millionaires.

Now if you obtain a conventional loan and the loan is for $100,000 and the market isn’t so hot, or the area turns to *****, or tenants destroy your property (and they will) you are stuck holding a much bigger purse.

She destroyed the apartment.

In fact, regardless of the type of window, they destroy screens with great frequency.

That floor will be destroyed in 2 years.Originally posted by "EZLoanz":4.

Tenants will destroy your property.

One thing that college students don't do much is complain about their home, but one thing they are known for is destroying their home (especially young men) and not letting you know when there is a potential problem.