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.

(Just be sure to inspect periodically to ensure the connection at the fill valve is not dripping and destroying your subflooring) A washer/dryer combo OTOH, will require either gas or some heavy electrical service routed to the installation point.

If the history of the property shows that the structures were not built to code or that they could not be rebuilt if destroyed the lender may decline to write the loan.John Corey