It's not a disease, it's a CRIME that preys on the most vulnerable.

Originally posted by @Gene Cook:Also if you are selling your   property hopefully you making enough to pay off your heloc, since it typically require 70% max loan to valueTotally 1000 miles away from the subject at hand.However you brought back memories for me when I see your in Penn Valley.I worked for the developer who put in the last phase of Wildwood estates ( its the phase that is farthest to the north) and he owned the shopping center there in Penn Valley and the MHP behind it.. of course he went out in flames.. :( and I lost all my equity in Wildwood project.. that last phase was originally 540 lots.. we built the first 125 of them about 1989 .. and of course the war etc.. and we sold NOT one lot after that phase was built the county would not allow any more lots..

I don't see the MF market being very vulnerable.

There isn't *no* case law, just less than the Traditional LLC--simply because Traditional LLCs exist in all 50 states and there are established vulnerabilities to these entities.

Or I can sell some stock, because being resilient also means being diversified.As I read these boards and talk to various friends and colleagues, I grow increasingly concerned that many people trying to make money investing in real estate are highly leveraged and have built portfolios that leave them very vulnerable to things going wrong.

There are a few easy steps you can take to weed out properties that would be vulnerable during any kind of downturn.

There are “fire chasers” in the construction trade, people who offer you a value for your house - for example, while your house is up in flames, they are real estate investors or wholesalers in a sense. if someone is making money out of it, pretty sure anyone can.

(I feel vulnerable knowing so little about home renovation processes.

This is, in many regards, the best case scenario.There is certainly nothing wrong with entering distressed markets, but distressed markets are also highly vulnerable investments.

But until then (the next 6 months), I’m stuck in this sloppy lease and feel a little vulnerable without a solid lease in place.