I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.

These were catastrophic failures where the cost to fix it was worth more than the house.

I can predict with 100% certainty that in the next 1,000 years we will have a catastrophic war and/or economic failure that will ruin a ton of people. 

Connect with investors down here and continue to ask questions so you avoid a catastrophe

As such, we took the gamble we won't have a catastrophic loss from a NS and, if there is any damage, the same $10K we'd have to pay anyway with insurance will take us a good way to being "whole".My own personal home, which is a duplex, is insured at a $250K value and I pay $3600/year for that. 

Until an 'investor' reaches critical mass (escape velocity) in number of units turning enough profit that even the occasional catastrophe won't  change their life style, it's got to be keep your head in the game and all hands on deck.It's all fun until it's not.  

Having a PMP and Lean Six Sigma Black Belt certification have helped me create a process-oriented approach to executing strategy and analyzing data to prioritize initiatives as well as course correct well before issues become catastrophic.

If I don't know how to fly a plane a license won't prevent catastrophe. they also have crews and subs and a realistic view on actual cost and time.

Does anyone have experience in investing in homes that have been wiped out due to a catastrophe?