So Bank, when writing a loan, must ensure that property's worth is greater than the loan extended, so if and when borrower defaults they can foreclose on the property, auction it off and get back the money lent.

They just extended the maturity date on it, but other than that, it has been going smooth. 

;-) Your comments are refreshing for me, as a fund manager, to remind me that we can't let subscriber communications suffer in the midst of a major economic disruption.

Regardless of paper returns, as you noted, these are the homes located in areas that suffer first and the most in an economic downturn or other times of distress. 

Imagine dropping a stone on the Public Garden and watch as the ripples extend outward.

.: Lastly, I believe the web of involvement extends to many other financial parties as well. 

To maximize the sq/ft (and save cashola) and give it a more spacey feel, I’m doing open shelving instead of upper cabinets and the countertops will extend all the way to the near wall, fully covering the front load washer and dryer units, which also have their home in the kitchen.

Most who make $500k don't have nearly enough dry powder on the sideline to scale a real estate business quickly enough without making huge personal sacrifices for an extended period of time.

Debt isn’t bad, but you need to manage it and not over extend it.

Investors on the other hand are often over extended and can not make timely payments.