Then there are events, like weddings, where groups of people stay often 3-5 days to prepare, attend and then recover before going home.

Yes, you can get insurance and you can recover from floods, but for me it is not worth the time or risk.

I was expecting to recover this money on the sale.

Bottom line is that recovering the full amount is very unlikely.

My friend broke his leg shortly after closing on a primary residence so had to go live with his parents for better part of the year while he recover since his property had a flight of stairs and that he needed help due to the nature of injury.

It went back up by the 20 the following month and might have taken 2-3 to recover the full 7pts because it was taken from a different area of how they calculate the credit score.

Your initial cash flow goes to recovering the negative position.  

Somehow I would think recovering property to satisfy a lien would not fall under those big words.Of course if you fully read my original post, I would always advise consulting your attorney, before taking advanced measures like these.I don't think I've ever been to district court to see any of these cases, but have been to JP court many times, and seems like most of the times the JPs are pretty no nonsense.....pretty much looking at the tenant, IF they show up and listens to every excuse under the sun, only to reply...."

With current rules I would be leery of adding a JADU as to recover the initial negative position often consumes years of cash flow.  

Get the experience, make small mistakes that you can recover from and build a track record then you're ready to tackle these large complex deals.If this deal were to go pear shaped and it could for so many reasons that would be outside of your control, it would a huge set back financially and emotionally.If it was a good NNN like a Chase, Cvs or Walgreens deal buyers would be bidding it up to a 5 cap.